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HomeMy WebLinkAboutFebruary 9, 2015 For information related to accessibility requirements please contact Linda Roberts Phone: 905.420.4660 extension 2928 TTY: 905.420.1739 Email: lroberts@pickering.ca Executive Committee Meeting Agenda Monday, February 9, 2015 Council Chambers 2:00 pm Anything highlighted denotes an attachment or link. By clicking the links on the agenda page, you can jump directly to that section of the agenda. To manoeuver back to the agenda page use the Ctrl + Home keys simultaneously, or use the “bookmark” icon to the left of your screen to navigate from one report to the next. Report PW 01-15 Subject: Supply and Delivery of One New Latest Model Year, 41,000 lb. GVW Dump Truck with Snow Plow and Wing Quotation No. Q-54-2014 3. Approved Source of Funds 2014 Roads Capital Budget Account Source of Funds 5320.1402.6158 5320.1402.6158 Additional Funds Required Total Funds DC City's Share Reserve DC Reserve Fund.- Operations Services DC City's Share Reserve DC Reserve Fund- Operations Services I Net Project Cost under (over) Approved Funds February 9, 2015 Page 3 Available Budget Required $19,500.00 $19,500.00 175,500.00 175,500.00 1,781.00 16.029.00 $195.000.00 $212.810.00 ($17,81o.oo) 1 The amount submitted in the 2014 Budget was an estimate based on previous purchases of a dump truck with snow plow and wing that met the City's specific requirements. However, current market value and updated specifications resulted in a net project cost of $17,810.00 (approximately 9%) higher than the approved funds. The additional funds required will be funded in the same ratio as the approved budget funding sources, specifically 10% from the Development Charges (DC) City's Share Reserve and 90% from the Development Charges (DC) Reserve Fund-Operations Services. Discussion: A new, 41,000 lb GVW Dump Truck with Plow and Wing was identified and approved in the 2014 Roads Capital Budget. Specifications for this vehicle were revised from previous documents to provide for a more robust vehicle with improved ergonomics, visibility, and increased power, with increased load capacities to provide better dump truck and snow plowing capabilities. An Evaluation Committee consisting of Supply & Services and Engineering & Public Works staff met on December 2, 2014 and each committee member evaluated the three quotations based on the rated criteria. A combined average score for each quotation was determined as part of Stage II of the evaluation process. CORP0227-07/01 revised 3 E!\!Ytt~J~··=" "[0 REPORT# PIJJ oJ-16 -· 3~.d~~ Quotation No. Q-54-2014 Part 2-Evaluation of Quotations 2.1 Stages of Evaluation The evaluation of quotations will be conducted-in the following stages: • Stage I will consist of a review to determine which submissions satisfy all of the mandatory requirements. Those submissions.that satisfy the mandatory requirements will proceed to Stage II. • Stage II will consist of a scoring on the basis of the Rated Criteria. Subject to the Terms of Reference and Governing Law, the top-ranked respondent as established under the evaluation will be selected to enter into a contract for the provision of the Deliverables. The selected respondent will be expected to enter into a contract within the timeframe specified in the selection notice. Failure to do so may, among other things, result in the disqualification of the respondent and the selection of another respondent, or the cancellation of the RFQ. 2.2 Stage I-Mandatory Requirements, Submission and Rectification 2.2.1 Submission and Rectification Date Other than inserting the information requested on the mandatory submission forms set out in the RFQ, a respondent may not make any changes to any of the forms. Respondents submitting quotations that do not meet the mandatory requirements will be provided an opportunity prior to the Rectification Date to rectify any deficiencies. 2.2.2 Quotation Form (Appendix B) Each qUotation must include a Quotation Form (Appendix B) completed and signed by the respondent. 2.2.3 Other Mandatory Requirem~nts The respondent shall include detailed product literature that includes warranty details and full specifications of the unit being quoted. The respondent shall provide a demonstration of the cab and chassis being quoted upon or an exact equivalent model, including a provision for City staff to operate the vehicle. The vehicle will be demonstrated at the City of Pickering Operations Centre, 2570 Tillings Road, Pickering Ontario or at a mutually convenient location. Such demonstration shall be provided at no charge to the City and scheduled at a mutually agreeable time and date. 2.2.4 Rectification Date Quotations satisfying the mandatory requirements before the Rectification Date will proceed to . Stage II. Quotations failing to satisfy the mandatory requirements by the Rectification Date will be excluded from further consideration. Page 5 of 42 7 20 APPendix "II" Lease Renewal Agreement LEASE RENEWAL AGREEMENT THIS INDENTURE dated the 21st day of April, _2011, to be effective as of April1"\ 2011. BETWEEN: D'Angelo (P. & G.) Homes Limited a company incorporated under the laws of the Province of Ontario., hereinafter referred to as "Landlord" -and- Corporation of the City of Pickering a company incorporated under the laws of the Province of Ontario. hereinafter referred to as "Tenant• WHEREAS by a Lease dated December 28th, 2010, D'Angelo (P. & G.) Homes Limited, as Landlord; did lease to Corporation of the City of Pickering, as Tenant, the premises-municipally known as 935 Dillingham Road, Pickering, Ontario L 1C 3W9 consisting of a ground floor of 4400 square feet (the "Premises" or the "Demised Premises"), for a term ending April 30, 2011, herein attached as Appendix "I" AND WHEREAS the original. lease contains one (1) option to renew for a one (1) further term of three (3) years, and the Tenant is desirous of exercising its first option to renew the term of the Lease, subject to certain amendments to the original lease. AND WHEREAS the Tenant has requested to the Landlord· to permit the Tenant to have an additional option to renew for a further term of one (1) year and the Landlord has agreed to allow the Tenant to have an additional term of one (1) year so that, provided that the Tenant is not in default, the Tenant will have one (1) remaining option to renew for one (1) year, after the Tenant has exercised its option to renew the Lease from April1, 2011 to March 31, 2014, In accordance with this Lease Agreement; AND WHEREAS the original Lease Agreement and the aforesaid Lease Renewal Agreement as amended from time to time by the agreements referred to hereinabove, ls hereinafter collectively referred to as the "Lease"; AND WHEREAS the parties hereto agree that the Lease is in full force and effecl NOW THEREFORE BE IT AGREED BETWEEN THE PARTIES AS FOLLOWS: The term of the Lease shall be extended for a further term of three (3) years, commencing April 1, 2011 and each and every one of the provisions of the Lease are to remain in full force and effect _ up to and including March 31, 2014 save and except the parties hereto agree to amend the Lease effective from April 1, 2011 as follows: 1: Delete the first paragraph of section 2 of the Lease and replace with the following: TO HAVE AND TO HOLD the Demised Premises for and during a term of three (3) years to commence on April 1, 2011 and thenceforth next ensuing and fully to be completed and ended on March 31, 2014 (sometimes hereinafter referred to as "First Renewal Period"). 2. Delete the first paragraph of section 3 of the Lease and replace with the following: YIELDING AND PAYING THEREFORE unto the Landlord, its successors and assigns (at such place or places as the Landlord shall designate from time to time in writing) yearly and every year throughout the First Renewal Period hereby demised a Minimum Rent equal to: DURING THE PERIOD APRIL 1. 2011 TO MARCH 31. 2014: A) TWENTY-TWO THOUSAND DOLLARS ($22,000.00) PER ANNUM PAYABLE IN EQUAL CONSECUTIVE MONTHLY INSTALLMENTS OF ONE THOUSAND EIGHT HUNDRED AND THIRTY THREE DOLLARS- 33/100 ($1,833.33) EACH IN ADVANCE ON THE FIRST DAY OF EACH MONTH. 2 3. The fourth (4111) paragraph of Section 2 of the Lease Agreement is hereby deleted and the following shall be inserted in its place: - (a) PROVIDED the Tenant is not in default in the observance and performance of · any of the covenants, provisos and agreements in this Lease on its part to be paid, observed and performed of which due notice of default has been given by the Landlord to the Tenant at the time of the Tenant's notice of election to. renew this Lease is given to the Landlord, the Landlord will at the expiration of the First Renewal Period, and upon the written request of the Tenant, mailed by registered mail or delivered to the Landlord not later than September 30, 2013 grant to the Tenant a renewal for a further term of 12 month {hereinafter referred to as the "Second Renewal Period") commencing April1, 2014 upon the same terms and conditions as are amended herein save and except for the Minimum Rent, which minimum rent is to be agreed upon (the "Second Renewal Minimum Rent") for the Demised Premises. Notwithstanding anything contained herein to contrary, the Minimum Rent for the Second Renewal Term shall be determined using the current fair market values for equivalent commercial premises in the area where the Demised Premises are located; however, the Minimum Rent during any portion of the Second Renewal Term shall not be less than the Minimum Rent paid during the First Renewal Term. In the event that the Landlord and the Tenant are unable to agree upon the Second Renewal Minimum Rent, the same shall be determined by Arbitration in accordance with the provisions of the Arbitration Act, 1991, of Ontario, as amended. Pending agreement of the parties as to the new Minimum Rent, or its determination by arbitration, the Tenant shall continue to pay the Minimum Rent payable during the last year of the First Renewal Period, and upon the new Minimum Rent being established stiall forthwith adjust the Minimum Rent retroactive to the commencement of the Second Renewal Period. Notwithstanding anything contained in this section, the Minimum Rent shall be determined using current fair market values for equivalent commercial premises in the area where the Demised Premises as located. Notwithstanding the above, if the Tenant does not provide the Landlord with written notice to exercise the option to-renew as set out above, the Landlord shall advise the Tenant in writing in which case the Tenant shall have a further ten (10) days from receipt of the Landlord's notice to exercise its Lease renewal. 4. For greater certainty, Harmonized Sales Tax (HST), and any new or replacement sales tax or goods and services tax, is in addition to the payment of Rent, including Minimum Rent and additional rent. The Tenant is responsible for and shall pay to tt)e Landlord when Rent payments are due, all HST and any replacement sales tax or goods and services tax thereon. Any and all references in the Lease t<l payment of GST, including, without limitation, with respect to payment of GST in addition to any payment of rent, shall include any and all sales taxes including, without limitation, GST and/or HST which came into effect on July 1, 2010. 5.. The parties hereby acknowledge and confirm that they have been advised to receive independent legal, tax and accountil)g advice and acknowledge that they have either obtained such independent legal, tax and accounting advice and representation or have agreed to waive the requirement thereof. 6. The parties acknowledge that they each have the right, power, and authority to execute this Lease Agreement 7. This Lease Agreement shall enure to the benefit and shall be binding upon the parties hereto and their representatiVes, permitted successors and permitted assigns respectively . . 8. All other terms and conditions in the Lease, as previously amended, shall remain the same, enure to the benefit of and be binding on the parties herein. 21 APPENDIX I TillS INDENITURE made the 28th day of December, 2010. IN PURSUANCE OF THE SHORT FORMS OF LEASES ACT. BETWEEN: D'ANGELO (P. & G.) HOMES LIMITED (Company incorporated under the laws of Ontario) Hereinafter called the "Landlord", OF THE FIRST PART; -and- CORPORATION OF THE CITY OF PICKERING Hereinafter called the "Tenant" OF.TIIE SECOND PART; WITNESSETH: Demise I. 111llt in consideration of the rents, covenants and agreements hereinafter reserved and contained on the part of the Tenant to be paid, observed and performed, the Landlord does hereby demise and lease unto the Tenant that designated portion of the building erected, or to be erected, upon the lands and premises known as 935 Dillingham Road, Pickering, Ontario, .and being Municipally known as the Region of Durham (hereinafter called the . "Leased Premises" or "Demi~ed Premises'1 containing an area of approximately 4400 square feet, herein set out in Schedule "A", marked in red. The legal description for the lands on which the Demised Premises on Plan con BF PT Lot 19, now RP RD139 Part2 known as 933-941 Dillingham Road, Pickering, Ontario LIW 1Z7 . The area of the_ Leased Premises means the area expressed in square feet of all floors in the Leased Premises measured from the exterior face of the exterior walls, doors and windows, and from the centre line of all interior walls separating the Leased Premises from adjacent premises. The Tenant shall have the right in common with the others entitled thereto to use the driveways and parking areas appurtenant to the Building, provided the Landlord shall have the right from time to time to make such changes and improvements or. alterations as the Landlord may decide in respect of the common outside areas, including the right to change the location and layout of the parking areas.· All common outside areas shall be subject to this Lease and the r~onable rules and regulations made from time to time by the Landlord. Term 2. To have and to hold the Leased Premises for and during the term of (4) Four months to be computed from the I" day of January, 2011 and from the thenceforth next ensuing and fully te be completed and .ended on the 30th day of April, 2011; with the option to renew for a further (1) one term of (3 )three years· at a rate to be negotiated, subject to the provisions herein set after. Save and except the period from December 22nd, 20 I 0 to December 31, 201 0 will be a gross rent free period. Provided however, that if the Leased Premises, or any part thereof: are not ready on the commencement date of the term, due to the failure of the Landlord to complete construction or to make available the services which it is hereby obligated to furuish, no part of the rent or only the proportionate part thereof in the event the Teruint shall occupy a part of the Leased Premises shall be payable for the period prior to the date when the entire Leased Premises are ready for occupancy, and the full rent shall accrue only after such last mentioned date, and the Tenant hereby agrees to accept any such abatement of rent in full settlement of all claims which the Tenant might otherwise. have reason of the Leased Premises not being ready for occupancy on the commencement date of the term. Provided further, however, that when the Landlord has completed construction of the Leased Premises and made available the aforesaid services, the Tenant shall not be entitled to any abatement of rent for any delay in occupancy due to the Tenant's failure to complete the installations and other work required for its purposes, or due to any other reason, nor shall the Tenant be entitled to any abatement of rent for any delay in occupancy if the Landlord has been unable to complete construction of the Demised Premises by reason of the Tenant's failure to complete the installation and other work required for its purpose5: THE PARTIES agree that the Tenant shall have the option to renew the Lease, upon expiry on the term in 2011, for one {I) additional term of three (3) years. The rental during these renewed terms shall be the fair market rent, to be agreed upon by the Landlord and the Tenant In the event that such agreement is not reached within ninety (90)' days prior to the end of the existing term, the matter shall be referred to arbitration pursuant to the Arbitration Act of Ontario. The option to renew is to be exercised by the Tenant in writing to the Landlord six (6) months prior to the expiration of the then existing term of the Lease. 23 Rent 3. Yielding· and paying therefore yearly and every year during the term hereby granted without any deduction, defalcation, or set-off whatsoever, the sum of $22,000.00 (Twenty-two Thousand Dollars - xx/1 00) per annum of lawful money of Canada (based on annual rate of$5.00 per square foot of the Leased Premises) payable in advance in equal consecutive monthly installments of$1,833.33 (One Thousand Eight Hundred and Thirty-three Dollars --33/100) during the term of January 1, 2011 to April30, 2011. Use of Each on the first day of each month in each year during the term hereby granted, together with additional rent hereinafter reserved in paragraph 7 & Schedule "B" forming part of this lease agreement. If the term commences on any day other than the first, or ends on any other day than the last day of the month, rent for the fractions of a month at the commencement and at the end of the term of shall be adjusted pro-rata. Premises 4. The Tenant shall have the rights to use and occupy the Leased Premises only for the storage of WorkS Department equipment and related items and an office and for no other purpose, provided the Tenant, in the use and occupation of the Leased Premises and in the prosecution or conduct of any business therein, shall comply with all requirements of all laws, orders, ordinances, rules and regulations of any Federal, Provincial or Municipal authorities and with any direction or certificate of occupancy issued pursuant to any law by any public officer or officers. The Tenant covenants that it will not use or permit to be USed any part of the Leased Premises for any dangerous, noxious or offensive trade or business, and will not cause or maintain any nuisance in, at or on the Leased. Premises, or cause or permit the Leased Premises to be used for the purpose of any bankrupt, liquidation or auction sale. Payment 5. All payments are required to be made by the Tenant under or in respect of this lease shall be made to the Landlord at the Landlord's office at Unit#la, 1255 Terwillegar Ave Oshawa, Ontario LIJ7A4 Or such agent or agents of the Landlord or at such other place as the l;andlord shall hereafter from time to time direct in writing to the Tenant. Deposit 6. Landlord acknowledges receipt of $3,559.12 (fhree Thousand Five Hundred & Fifty Nine Dollars --,ll/100) from the Tenant to be held by the Landlord as security for the due performance by the Tenant of all its covenants and obligations on its part herein contained and to be applied to the damages resulting from default by the Tenant or any of its covenants and obligations hereunder, or towards the payment of reduction of any claim of the Landlord against the Tenant; provided that the Tenant is not in default or in breach of any of its covenants or obligations, and has not been declared bankrupt, then the aforesaid deposit shall be applied on· account of the last month's rent due hereunder. Tenants 7. The Tenant covenants and agrees to and with the Landlord as follows: 24 (a) to pay rent as aforesaid; (b) (I) The Tenant will (1) pay as additioual rent to the Landlord or the taxing authorities as the Landlord directs in each and every year during the Term and within the times provided for by the taxing authorities all taxes, including local improvement rates, impost charges or levies, rates, duties and assessments whether general or special, that may be levied, rated, charges or assessed against the Leased Premises or any part thereof from time to time on the basis of a separate assessment by any taxing authority, whether federal, provincial, municipal, school or otherwise, and any taxes payable by the Landlord which are imposed in lieu of; or in addition to any such real property ·taxes; (2) to pay the Landlord within ten (1 0) days after demands a Proportionate Share, (based on a ratio, the numerator of which is the area of the Leased Premises and the denominator of which is the total area of allleaseable premises in the building), of all taxes, including local imprpvement rates impost charges or levies, rates, duties and assessments, whether general or special that may be levied, rated, charged or assessed against the parking areas, entrances and exits, pedestrian walkways, roadways, service areas or any parts thereof and any other common areas and facilities of, in or appurtenant to the Building or any part thereof from time to time and any taxes payable by the Landlord which are imposed in lieu of or in addition to such, real property taxes; (3) provide the Landlord within ten (10) days after demand with a copy of any separate tax bills an separate notices of assessment for the Leased Premises; (4) upon request, promptly deliver to the Landlord, receipts for payment of all such taxes paid to any such taxing authorities, as aforesaid and furnish such other information in connection therewith as the Landlord reasonably requires. (II) If in any year during the Tenn. there is not ll separate assessment made by any taxing authority with respect to the Leased Premises, the Tenant shall pay , as additional rent in each such year during the term and within ten (10) days after demand, to the Landlord, a proportionate share (as herein before defined) of all taxes including local improvement rates, impost charges or levies, rates duties and assessments, whether general or special which may be levied, rated charged, or assessed against the Building, including all leasable premises therein, and the lands on which the Building is situated and the parking areas, entrances and exits, pedestrian walkways, roadways, serVice areas or any part 2 Business Taxes on Common Areas TOilllnl's Separate School Taxes Utilities thereof; and all other common areas and facilities ot; in or appurtenant to the Building and any I.IQI:es payable by the Landlord which are impose in lieu of or in addition to any such real property taxes. In case of paragraph 7 (b) (I) {2) and paragraph 7 {b) {II), prior to the commencement of the term of this Lease and to the commencement of each calendar year thereafter which commences during the term, the Landlord shall estimate the amount of taxes and the Tenant's Proportionate Share thereof as herein before set forth for the. ensuing calendar year or {if applicable) broken portion thereof; as the case may be, to become payable under this Lease, and notify the Tenant in 'writing of such estimates. The amount so estimated shall be payable in equal monthly installments in advance over the calendar year or broken portion thereof in question, each such installment being payable on each monthly rental payment date provided in paragraph 2 hereof. Notwithstanding anything herein contained to the contrary, in the event that at ·the time when the payment of the dais taxes, interim or final, installment or otherwise, is due, the Landlord shall not have on deposit a sufficient sum to pay the full amount of such taxes, the Tenant shall forthwith upon demand pay its Proportionate Share, as aforementioned, of the amount of any deficiency to the Landlord. When the taxes for the calendar year or broken portion thereof in question become finally determined, the Landlord shall recalculate the Tenants Proportionate Share a.ccordingly. If the Tenant has overpaid such Proportionate Share, the Landlord shall credit any such excess paid as against any future amount to be paid {save with respect to the fmallease year when, in such event, the Landlord shall refund any excess paid), but is any balance remains ·unpaid, the Landlord sball fix monthly installments for the then ·remaining balance of such calendar year or broken portion thereof such that, after giving credit for installments paid by the Tenant hereunder on the basis of such estimate, the Tenant's entire Proportionate Share will have been paid during such calendar year or broken portion thereof but if for any reason the taxes are not finally determined within such calendar year or broken portion thereof, the parties shall make the appropriate re- adjustment when such taxes become finally determined. Neither part may claim a re- adjustment in respect of the Tenant's Proportionate Share of taxes based upon any error of estimation, determination or calculation thereof Wiless claimed in writing prior to the expiration of one year to which any taxes relate. The Tenant at all reasonable times prior to the expiration of one year after the calendar year to which any taxes relate, upon reasonable notice to the Landlord, shall be entitled to inspect the Landlord's records {including copies of tax bills) and statements pertaining to such taxes and the calculation of Tenant's Proportionate Share. {c) Tenant shall pay the Landlord, on demand as additional rent in the proportion that buildings area (based on outside measurements of buildings erected on the lands) all business taxes, if any, from time to time payable by Landlord {or by any corporation that may provide the same) in respect of the parking areas, entrances, roadways, service areas, or any part thereof from time to time. Tenant shall have a similar right to inspect Landlord's records pertaining to such business taxes as set forth in paragraph 7 (b) hereof. {d) Tenant shall pay, in each and every year during the term, as additional rent, and discharge within twenty {20) days after same shall become due and payable, all taxes, rates, duties, and assessments and other charges that may be levied, rated, charged or assessed against or in respect of all improvements, equipment and facilities of the Tenant on or in the Demises Premises {whether installed by the Tenant or by the Landlord on behalf of the Tenant) and every tax and license fee in respect of any and every business carry on thereon or therein in respect of the use or occupancy thereof by the Tenant {and every subtenant or licensee), whether such taxes, rates, duties, assessments and license fees are charged by any municipal, parliamentary, school or other body during the term hereby demised, and will indemnify and keep all loss, costs, charges and expenses occasioned by, or arising from any and all such taxes, rates, duties, assessments, license fees and any all such taxes which may in future be levied in lieu of such taxes; and any such loss, costs, charges and expenses suffered by the Landlord may be collected by the Landlord as rent with all rights of distress and otherwise as reserved to the further covenants and agrees that upon written request of the Landlord, the Tenant will properly deliver to it for inspection receipts for payment of all taxes, rates, duties, assessmen~ and other charges in respect of all improvements, equipment and facilities of the Tenant in or in the Demised Preinises which were due and payable up to one month prior to such request, and in any event will furnish to the Landlord, if requested by the Landlord before the 21" day of October in each year covering payments for the proceeding year. If the Tenant or any subtenant or licensee of the Tenant shall pay to the Landlord, as additional rent, so soon as the amount of the separate .school taxes are ascertained, any amount by which the amount of the separate school taxes exceed the amount which would have been payable for school taxes had such election not been made. {e) Tenant sball pay as the same become due respectively all charges for public and private utilities, including without limitation water, gas, electrical power or energy, steam ·or hot water used upon or in respect of the Demised Premises and for fittings, machines, apparatus, meters or other things leased in respect thereof, and for all work or services performed by any corporation or commission in connection with such utilities. 3 25 Appeal 0peiBting Rcpai" 26 (f) Tenant shall have the right to contest, by appropriate legal proceedings, at its own expense and so long as the Landlord is not involved in any cost, loss cir penalty whatsoever, the validity of any tax, rate (including local improvement rates), assessment or other charges referred to in paragraph 7 (b }, (c), (d) or (e) hereof: (g) In this paragraph 7 (g) (I) "Operating Costs" means the total amount paid or incurred, regardless of when payable, whether by Landlord or others on behalf of Landlord, for operating and maintaining the building of which the Demised Premises form a part as. a fiiSt-class industrial building so as to give high character and distinction and shall include, without limiting the generality of the forgoing, all monies paid or incurred to persons, firms, companies or corporations employed in the maintenance of the said building all costs of repairs required for such maintenance, the costs of providing hot and cold water, electricity, gas, steam or other public or private utility noi otherwise payable by Tenant, the cost of window cleaning, fire, casualty, liability and other insurance, telephone and other public utility costs,· of service contracts with independent contractors, remuneration to manage agents, the cost of audit fees for the calculation of rental adjustments under this Lease, the total cost of operating, maintaining; cleaning (including snow and ice removal and/or clearance), supervising, policing, repairing and replacing the exterior parking areas, common areas, landscaped areas imd facilities, salaries, expenses · and costs applicable to the capital cost or replacement of mechanical equipment within the building or appurtenances thereof (if any) and all other expenses paid or incurred by the Landlord in connection with the maintenance or operation and management of the said building and the services connected herewith including, but not limited to a management fee, charged at the rate cif fifteen percent (15%)of all Operating Costs. (II) "Proportionate Share" means the ratio whlch the area of the Demises Premises bears to the total rentable area of the building of which the Demised Premises form a part. During the term of this lease, the Tenant shall pay as additional rent to the Landlord its Proportionate Share of Operating Cost Prior to the commencement of the term of this lease and of the commencement of each fiscal period selected by the Landlord thereafter which commences duriog the term, the Landlord sball estimate the amount of Operating Costs and the Tenant's Proportionate Share of Operating Costs for the ensuing fiscal period of (if applicable) broken portion thereof as the case may be, and notify the Tenant in writing of such estimate. The amount so estimated shall be payable in equal monthly installments in advance over the fiScal period or broken portion thereof in questions each such installment being payable on each monthly rental payment date provided in paragraph 3 hereof: The Landlord may from time to time alter the fiscal period selected, in which case, and in the case where only a broken portion of a fiscal period is included within the term, the appropriate adjustment in monthly payments shall be made. From time to time during a fiscal period, the Landlord may re-estimate the amount of Operating Costs and the Tenant's Proportionate Share thereof for. such fiscal period or broken portion thereof, in which event the Lllndlord shall notify the Tenant in writing of such re- estimate and fix monthly installments for the then remaining balance of such fiscal period or broken portion thereof such that, after giving credit for installments paid by the Tenant on the basis of the previous estimate or estimates, the Tenant's entire Proportionate Share of Operating Costs will have been paid during such fiscal period or broken portion thereof. As soon as practicable after the expiration of each fiscal period, the Landlord shall make a final determination of Operating Costs and of the Tenants Proportionate Share of Operating Costs for such fiscal period or (if applicable) broken portion thereof and notify the Tenant, and the parties shall make the appropriate re-adjustment Neither party may claint a re-adjustment in respect of the Tenant's Proportionate Share of Operating Costs based upon any error of estimations, determination or calculation thereof unless claimed in writing prior to the expiration of one year after the fiscal period to which the Operating Costs relate. Upon request made within reasonable time after receipt of each such notice; the Tenant shall be entitled to inspect a statement disclosing in reasonable detail the particulars of Operating Costs and the calculation of the Proportionate Share thereof and the books .and records of the Landlord pertaining thereto. (h) Tenant, at its own expense, shall maintain and keep the Demised Premises and every part thereof in good order and condition and promptly make all needed repairs and replacements including, but not limited to repairs and replacements to all fixtures, machinery and equipment which are the property of the Landlord and contained in the Demised Premises (reasonable wear and tear, and damage by fire lightning and tempest ouly accepted) and, without limiting the generality of the foregoing, the Tenant shall keep (;(?.\ ~ !@_.) -~ (6b)~a (J)YJ; 4 Entry to View State of Repair Compliance With laws etc. Leave Premises In good Repair Heating Assignment And Subletting Nuisance Insurance the Demised Premises well painted, clean and in such condition as a careful owner would do. · (i) That it shall be lawful for the Landlord and its agent, at all reasonable times during the said term, to enter the Demised Premises to inspect the condition thereof. Where an inspection reveals repairs are necessary. The Landlord shall give to the Tenant notice in writing and thereupon the Tenant will, within sixty (60) days from the date of deliver of the notice, make the necessary repairs in a good and workmanlike manner and at its own expense. (j) That it will promptly comply with all requirements of all applicable statutes, laws, by- laws, rules, regulations, ordinances and orders from time to time in force during the term hereof, whether municipal, parliamentary or otherwise, including all lawful requirements · of the local Board of Health, Police or Fire Departments and Municipal authorities, and with every applicable regulation, order and requirement of the Canadian Fire Underwriters Association, or any body having a similar function, or of any liability or fire insurance company by which the Landlord and Tenant or either of them may be insured at any time during the term hereof. (k) And further, that the Tenant will at the expiration or sooner determination of the said term, peaceably surrender and yield up unto the Landlord the said premises hereby demised with the appurtenances together with all buildings or erections which at any time during the said term shall be made therein or thereon, in good l!lld substantial repair and condition, reasonable wear and tear and damage by fire, ligbtoiog and tempest only excepted. (I) To beat, at its own eKpense from beating equipment originally supplied by the Landlord, the Demised Premises to a degree sufficient to protect the said Demises Premises and their contents from damage by cold or frost, and to operate, maintain, repair and/or replace, if necessary, at its own eKpense, the said beating equipment. In this regard the Tenant will, at its own eKpense, obtain and keep in good standing during the term of this lease a maintenance and service contract on the beating equipment issued by an approved mechanical contractor, and shall supply the Landlord with a copy of such contract (m) That it will not assign, sublet or part with possession of the Demised Premises or any part th~reof, or share the occupation of the Demised Premises or any part thereof, without the Landlord's written consent, which consent shall not be unreasonably withheld; provided that no assigmnent, subletting, licensing or parting with possession of the Demised Premises shall in any way release the Tenant, or any Guarantor hereof, from its or their obligations under the terms of this Lease. (n) That it will.not do or omit or permit to be done or omitted upon or about the Demised Premises anything which shall be or result in a nuisance or menace to the Landlord or other tenants of the building of which the Demised Premises form a parL ( o) Tenant shall pay its proportionate share of the cost of insuring as more particularly set · forth in paragraph 7 (g) hereof. In addition, the Tenant covenants and agreed that in the event the Tenant's use and occupation of the Demised Premises, whether or not the Landlord has consented to the same, causes any increase in premiums for ftre and extended coverage insurance, rental, boiler, casualty and other types of insurance carried by the Landlord form time to time on the building of which the Demised Premises form a part, above the rate for the lease hazardollS type of occupancy legally permitted in the Demised Premises, the Tenant shall pay the additional premium on the policies aforementioned caused by reason thereof. In such event, the Tenant shall also pay any additional premium on the rent insurance policies that may be carried by the Landlord for the Landlord's protection against rent lost through fire or other casualty. If notice of cancellation shall be given respecting any insurance policy or any insurance policy on the said building or any part thereof shall be cancelled or refused to be renewed by an insurer by reason of the use of the occupation of the Demised Premises by the Tenant whether or not the Landlord has consented to such use and occupation, the Tenant shall forthwith remedy or rectify such usc or occupation upon being requested to do so in writing by the Landlord and if the Tenant shall fail to so forthwith, the Landlord may, at its option, determine this Lease forthwith by leaving upon the Demised Premises notice in writing of termination and thereupon rent and any other payment for which the Tenant is liable under this Lease shall be apportioned and paid up in full to the date of such determination of the Lease, and the Tenant shall immediately deliver up vacant po~session of the said premises to the Landlord. 5 27 Additional Premiums Plate Glass Damage to Leased Premises Business Taxes etc., Bills for additional premiums as aforementioned shall be rendered by the Landlord to the Tenant at such times as the Landlord may elect, Wid shall be due from and payable by the Tenant when rendered ai:td the amount thereof shall be deemed to be Wid paid as additional rent. · Tenant agr~s t«;~ replace, at its own expense, any plate glass or other glass that bas been broken or removed during the term of the Lease or any renewal thereat; and will during the said term keep the plate glass fully insured, pay the premium for such insurance and provide the Landlord with a certificate of such plate glass insurance. (p) In the event of any damage to the Leased Premises by any cause, to give notice in writing to the Landlord of such damage forthwith upon the same becoming known to the Tenant (q) Tenant agrees to pay all business taxes, if applicable, its own income taxes, capital taxes, goods and services taxes, license fees, Wid any other taxes or fees imposed by WIY government authority having jurisdiction in respect of the business carried on by the Tenant in and upon or by reason of their occupancy of the premises hereby demised. Tenant's authority to Let (r) That the Tenant has good right, full power and absolute authority from the Landlord the Demised Premises according to the true intent of this indenture. I.Jlndlord's Covenants Quiet Eqjoyment Maint~cc Taxes Insurance Llmdlord's Authority To let Seizure And Banlaupacy No Exceptions For Distress Public Liability 28 8. The Landlord covenants and agrees to and with the Tenant as follows: (a) For. quiet enjoyment (b) To maintain and keep in good repair (at the expense of the Tenant as set forth in paragraph 7 (g) hereof) the parking areas, common areas Wid landscaped areas; to provide reasonably adequate snow clearance to permit ingress and egress to the Demised Premises and parking areas. (c) Subject always to the provision of paragraphs 7 (b), (c) and (d) hereof, to pay all taxes(including local improvement rates), rates, duties and assessments that may be levied, rated, charged or assessed against the said lands and buildings in which the Demised Premises are situate, and to pay all business taxes in respect of the common areas (if any) as set forth in paragraph 7 (c) hereof, but excepting Tenant's taxes and license fees as set forth in. paragraph 7 (d) hereof. · (d) Subject always to the provisions of paragraph 7 (g) and (o) hereof, to maintain in full force and effect during the term of this Lease ftre insurance with extended coverage endorsement on the building in responsible insurance companies in an amount such as · would be carried by a prudent owner of a similar building. (e) That the Landlord bas in it good right, full power and absolute authority to let the Demised Pfrmises with appurtenWJces according to the true intent of this indenture. 9. It is hereby expressly agreed that, in case, without the written consent of the Landlord, the Demised Premises shall become and remain vacant or not used for a period of thirty (30) days while the same are suitable for use by the Tenant, or be used be any other person than the Tenant, or in case the term hereby granted ·or any of the goods. Wid chattels of the Tenant shall be at any time seized or taken in execution or in attachment by any creditor of the Tenant, or the Tenant shall make any assignment for the benefit of creditors or give WIY bill of sale without·complying with the Bulk Sales Act (Ontario), or become bankrupt or insolvent, or take the benefit of any Act now or hereafter in force for bankrupt or insolvent debtors or any Order sluill be made for the winding up of the Tenant, then and in every such case the then current month's rent and the next ensuing three (3) month's rent shall immediately become due and payable, and, at the option of the Landlord, this Lease shall cease and de!ermine Wid the said term shall immediately become forfeited and void, in which event the Landlord may re-enter and take possession of the Demised· Premises was or were holding over after the expiration of the tenn without any right whatever. 10. It is hereby expressly agreed that notwithstanding the benefit of any present of future Statute taking away or limiting the Landlord's right of distress none of the goods and chattels of the Tenant on the Demised Premises at any time during the dais term shall be exempt from levy by distress for rent in arrears. 11. It is hereby expressly agreed that the Landlord shall not in any event whatsoever be liable or responsible in WIY way for any personal injury or death that may be suffered or sustained by the Tenant or any employee of the Tenant or any other person who may be upon the Demised Premises or for any Joss or damage or injury to any property belonging to the Tenant or to its employees or to any other person while such property is on the Demised Premises and, in particular (but without limiting the generality of the foregoing),' the Landlord shall not be liable for any damage to any such property caused by steam, water, rain or snow which may leak into, issue or flow from WIY part of the said building or adjoining premises or from the water, st~ /1{)) 6 ~ ~ YJ1L' -'fiit.. Indemnification Of landlord Holding Ova- Ovecloading Post-<lates Payments Deenic:d Rent sprinkler or drainage pipes or plumbing works of the same or from any other place or quarter or for any damage caused by or attributable to the condition or arrangement of any electrical or otlier wiring or for any damage by anything done or omitted to be done by any Tenant.. 12. It is hereby expressly agreed that the Tenant will indemnify and save harmless the Landlord from and against all liabilities, fmes, suits, claims, demands, costs and actions of any kind or nature whatsoever to which the Landlord shall or may become liable for, or suffer by reason of any breach, violation or non-performance by the Tenant of any covenant, term or provision hereof; or by reason of any injury, loss, damage or death resulting from, occasioned to or suffered by any person or persons, or any property by reason of any act, neglect or default on the part o(the Tenant, or any of its agents, customers, employees, servants, contractors, licensees or invitees, in or about the Demised Premises or any part violation, damage to property, loss, injury or death occurring during the term of this Lease shall survive any contrary notwithstanding. 13. It is hereby expressly agreed that, if the Tenant shall continue to occupy the Demised Premises after the expiration of this Lease, with or without the consent of the Landlord, and without any further written agreement, the Tenant shall be a monthly tenant at a monthly rental herein reserved and otherwise on the terms and conditions herein set forth, except as to the length of the tenancy. In such case the Tenaot agrees to give the Landlord when terminating from the premises not less than sixty (60) days written notice to vacate the premises, based on a calendar month, and to be delivered to the Landlord's office at 1255 Terwillegar Ave., Oshawa, Ontario LIJ 7A4. 14. It is hereby expressly agreed that the Tenant will not bring upon the Demised Premises or any part thereof any machinery equipment, article or thing that by reason of its weight, size or use might damage the floors of the Demised Premises and that if any damage is caused to the Demised Premises by any machinery equipment, article or thing or by overloading or by any act, neglect or misuse on the part of the Tenant or any of its servants, agents, employees or any person having business with the Tenant, the Tenant shall forthwith repair the same or pay to the Landlord the cost of making good the. same. 15. The covenants to provide the Landlord on or before the commencement of each Lease Year during the Term of this Lease or any renewal thereof with a series of two (2) post-dated cheques for payment of the monthly rent plus HST owirig under the term of this Lease. 16. It is hereby expressly agreed that in the event of failure of Tenant to pay any taxes, rates, insurance, premiums or other charges which it has herein covenanted to pay, the Landlord may pay the same and shall be entitles to charge the sums so paid to the Tenant who shall pay them forthwith on demand; and Landlord, in addition to any other rights, shall have the same remedies and may take for the recovery of all such sums as it might have and take for the recovery of rent in arrears under the terms if this Lease; all such payments required to be made under the terms of this Lease shall be deemed rent. Evidenec of Payment 17. It is It is hereby expressly agreed that the Tenant shall from time to time at the request of the Landlord produce to the Landlord satisfactory evidence of the due payment by the Tenant of all payments required to be made by the Tenant under this Lease. Noabatecnentofrent 18. There shall be no abatement from or reduction of the rent due hereunder, nor shall the Tenant be entitled to damage, losses, costs or disbursements from the Landlord during the term hereby created on, caused by or on aecount of fire, (except as above) water, sprinkler systems, partial or temporary failure or stoppage of heat, light, elevator, live steam or plumbing services in or to the said premises or building whether due to acts of God, strikes, accidents, the making of alterations, repairs, renewals, improvements, structural changes to the said premises or buildings or the equipment or systems supplying the said services, or from any cause whatsoever. provided that' the· said failure or stoppage be remedied within a reasonable time damage with all reasonable speed. Event of Default 19. On each occurrence of default in the payment of Rent, the Tenant shall further pay to the Landlord on demand in addition to the aforesaid interest an administration fee equal to the of (i) Two Hundred Dollars ($200.00) and ii) two percent (2%) of the amount of Rent in default. The Tenant shall pay to the Landlord forthwith upon demand all costs incurred by the Landlord, including, without limitation, legal expenses on a solicitor and his client basis arising as a result of any default in Tenant's obligations under the Lease. N.S.F. cheques 20. The Tenant agrees that in the event any of its cheques payable to the Landlord are returned by the bank marked "Insufficient Fund" (NSF), the Tenant will be liable to the Landlord in the amount of $100.00 for each cheque. Jntcreot on Monies 21. All arrears of rent any monies paid by the Tenant hereunder shall bear interest at the rate In Default which is two percent (2%) in excess of the current rate charged by the Lai:.dlord's baDk for the prime commercial lending mte from the time such arrear become due until payment of same to the Landlord but only upon the demand of the Landlord •. 7 29 Loading and u·nloading Blocking access Refuse Demised Premises Defined Fixtures Inspect Pn:miscs Notices For Sale Or To Lc:l Removal Of good Ahcrations, Partitions Etc., 30 22. It is hereby expressly agreed that all loading and unloading of merchandise, supplies, materials, garbage and other chattels shall be affected only through or by means of such doorways or corridors as the Landlord shall designate. · (i) The Landlord covenants and agrees that the access of the Tenant's premises is not to be blocked or restricted in the event the Tenant herein notifies the Landlord that the Tenants access is being blocked or restricted. The Landlord shall immediately have a towing company monitor and remove the vehicle causing the block or restriction at the vehicle owner's expense. If the Tenant is blocking any access to or fore from the building the same will apply as mentioned above. 23. It is hereby expressly agreed that the Tenant will keep the Demised Premises and every part thereof in a clean and tidy condition and will not permit waste paper, garbage, ashes or waste or objectionable material to accumulate thereon. 24. It is hereby expressly agreed that whenever in this LeaSe reference is made to the Demised Premises or leased premises it shall include all structures, improvements and erections in or upon the Demised Premises or any part thereof from time to time. 25. Provided all rent due or to become due under the tehns of this Lease is fully paid, Tenant may remove its fixtures; provided further that the Tenant shall not remove or carry away from the Demised Premises any building or any plumbing, heating or ventilating further that the Tenant shall make good any damage caused by such removal of fixtures. · 26. Proviso for re-entry by the said Landlord on non-payment of rent or non-performance of covenants. The above powers may be exercised, whether demand for the rent has been made or not Provided that, notwithstanding anything herein before contained, the Landlord's right of re-entry hereunder for non-payment of rent, non-performance of covenants, seizuri: or forfeiture of the said term shall become exercisable immediately upon such default being made. Provided further that upon such re-entry by the Landlord under the terms of this paragraph or any other provision or provisions of this Lease, !he Landlord may, in addition to any other remedies to which the Landlord may be entitled, at its option, at any time and from time to time re-let the Demised Premises or any part or parts thereof for the account of the Tenant or otherwise and receive and collect the rents therefor, applying the same first to the payment of such expenses as the Landlord may have incurred in recovering possession of the Demised Premises, including legal expenses and solicitor's fees and for putting the same into good order or condition or preparing or altering the same for re-rental and all other expenses, commissions and charges paid, assumed or incurred by the Landlord in or about re-letting the premises and then to the fulfillment of the covenants of the Tenant hereunder. Any such re-letting herein provided for may be for the remainder of the term as originally granted or for a longer or shorter period. In any such case and whether or not the Demised Premises or any part thereof be re-let, the Tenant shall pay to the Landlord the rental hereby reserved and all other sums required to be paid by the Tenant up to the time of termination of the Lease or of recovery of possession of the Demised· Premises by the Landlord, as the case may be, and thereafter the Tenant covenants and agrees, if required by the Landlord, to pay to the Landlord until the end of the term of this Lease the equivalent ·of the amount of all rentals hereby reserved and all other sums required to be paid by the Tenant hereunder, less the net avails of re-letting, if any, and the same shall be due and payable by the Tenant to the Landlord on the days herein provided for payment of rental the Tenant shall pay to the Landlord the amount of the deficiency then existing.· · 27. Provided that during the term hereby created any person or persons may inspect the said premises and all parts thereof at all reasonable times, on providing a written order to that effect signed by the Landlord or its agents. · 28. Provided that the Landlord shall have the right during the term of this Lease to pia~ upon the Demised Premises a notice stating that the Demised Premises. are not for sale and shall, within three (3) months from the termination of the said term, have the right to place upon the Demised Premises a notice stating that the Tenant will not remove silch notice or permit to be removed. 29. Provided that in case of removal by the Tenant of goods or chattels of the Tenant from off the premises, the Landlord may allow the same for thirty (30) days in the same manner as is provided for in the Tenant Protection ActR.O June 17,1998 30. That if the Tenant shall during the said term desire to the affix or erect partitions, counters, or fixtures in any part of the walls, floors or ceilings or the Demised Premises, it may do so at its own Expense Ill any time and from time to time provided that the Tenant's right to make such alterations to the Demised Premises shall be subject to the . following conditions: · (a) That before undertaking any such alterations, the Tenant.shall submit to the Landlord a plan showing the proposed alterations and shall obtain the approval and consent of the Landlord to the same. (b) That all such alterations shall conform to all building by-laws, if any of them in force affecting the Demised Premises. 8 Improvements Protective Fire Expropriation (c) That such alteration will not be of such kind or extent as to in any manner weaken the structure of the building after the alterations are completed or reduce the value of the building. (d) That, except as herein provided the Tenant will not erect or affix or remove or change the location or style of any partitions or fixtures, without the writt~n consent of the Landlord being first had and obtained. 31. Any alteration, erection or improvement placed or erected upon the Demised Premises shall become a part thereof and shall not be removed and shall be subject to all the provisions of this Lease. No alteration, erection or improvement shall be made .or erected upon the Demised Premises without the prior written consent of the Landlord. 32. The Tenant agrees to pay the costs of any installations, additions or alterations to the said premises that the Landlord may be required to make by any Municipal, Provincial or other • governing authority, or requested by any private protective system used by the Tenant, for the security and protection of the Tenant and his employees and his or their effects including but not so as to limit the foregoing installations, additions or alterations for fire and theft protection and all such installations, additions, or alterations shall forthwith become the property to the Landlord. 33. Provided, and it is hereby expressly agreed, that if and whenever during the hereby demised the building of which the Demised Premises form a part shall be destroyed or damaged by fire, lightning, or tempest, or any of the perils normally insured against under the provisions of standard extended coverage fore insurance policies, then, and in every such event: (a) If the damage or destruction of the building of which the Demised Premises form a part renders seventy-five (75%) or more of the said building wholly unfit for occupancy or impossible or unsafe for use and occupancy, the Landlord may, at its option, terminate this Lease by giving to the Tenant notice in writing of such termination, in which event, this Lease and the term hereby demised shall cease and be at an end as of the date of such destruction or damage, and the rent all other payments for which the 'Tenant is liable under the terms of this Lease shall be apportioned and paid in full to the date of such destruction or fire. (b) If the damage or destruction is such that the portion of the building hereby demised is rendered wholly unfit for occupancy or it is impossible or unsafe to use and occupy it and if in either event the damage, in the opinion of the Landlord to be given to the Tenant within thirty (30) days of the happening of such damage or destruction, cannot be repaired with reasonable diligence within one hundred and eighty days (180) from the happening of such damage or destruction, then either the Landlord or the Tenant may, within five (5) days next succeeding the giving of the Landlord's opinion as aforesaid, terminate this Lease by giving to the other notice in writing of such termination, in which event this Lease and the term hereby demised shall cease and be at any end as of the date of such destruction or damage and the reot and all other payments for which the Tenant is liable under the terms of this Lease shall be apportioned and paid in full to the date of such damage or destruction; in the event that neither the Landlord nor the Tenant so terminated this Lease, then the Landlord shall repair the said building with all reasonable speed and the rent hereby reserved shall abate from the date of the happening of the damage until.the damage shall be made good to the extent of enabling the Tenant to use and occupy the Demised Premises. (c) If the damage be such that the portion of the building hereby demised is wholly unfit for occupancy or if it is impossible or unsafe to usc or occupy it but if in either event the damage, in the opinion of the Landlord to be given to the Tenant within thirty (30) days from the happening of such damage, can be repaired with reasonable diligence within one hundred and eighty (180) days from the happening of such damage then the rent hereby reserved shall abate from the date of the happening of such damage until the damage shall be made good to the extent of enabling the Tenant to use and occupy the Demised Premises and the Landlord shall repair the damage with all reasonable speed. . (d) If in the opinion of the Landlord the damage can be made good as aforesaid within one hundred and eighty ( 180) days of the happening of such damage or destruction and the damage is such that the portion of the building hereby demised is capable of being pa,rtially used for the purposes for which it is hereby demised. then until such damage has been repaired, the rent shall abate in the proportion that the part of the portion of the building hereby demised is rendered unfit for occupancy bears to the whole of the said portion of the building hereby demised and the Landlord shall repair the damage with all reasonable speed. 34. U: at any time during the term hereby demised, any public body or paramount authority shall take or expropriate a portion of the common areas and facilities referred to in this Lease or any portion of the Demised Premises not covered by buildings or structures, or shall take or expropriate and easement or right under license in the nature of an easement over, upon or under a portion of the said lands, and such taking or expropriation does not materially affect the Tenant's usc or enjoyment of the Demised Premises, then the whole of the compensation awarded or i-;7.,/) ' ' C!!'-~Ji) 9 'X;1' /)fib.. 31 • 1- Remodeling & Sole Acknowledg~cnt ByTC111111t Impossibility Of Perfonnance Assignment By !Andlonl 32 settiement for the lands so taken or expropriated, whether fixed by agreement or otherwise shall be paid to or received by the Landlord and the Tenant hereby assigns, transfers and sets over unto the Landlord all the rights, title and interest of the Tenant therein and thereto, and this Lease shall thereafter continue in effect with respect to the Demised Premises without any abatement of rent. In the event that the taking or expropriation does materially affect the Tenant's use or enjoyment of the Demised Premises, the whole of the compensation awarded or settlement, whether fixed by agreement or otherwise, for the said lands so taken or expropriated, shall nevertheless be paid to the Landlord, but the rent thereafter payable by the Tenant shall abate accordingly, and, in addition thereto, after payment of the amount to which the Landlord is entitled as aforesaid, the Tenant shall be· entitles to that portion of the award or compensation granted by the expropriation body relating or attnbutabie to the Tenanfs leasehold improvements so taken or expropriated. If the Landlord and the Tenant shall be unable to agree, within thirty (30) days after the amount of compensation, award or settlement as aforesaid has been fixed, as to whether such taking or expropriation materially affects the Tenant's use or enjoyment of the Demised Premises or as to the extent to which the rent shall abate, then the same shall be determined by a single arbitrator, if the parties can agree on one, and, failing such agrec:ment, by a board of arbitration composed of three arbitrators, one to be chosen by each of the parties hereto and the third to be chosen by the two arbitrators selected by the parties. The determination of a majority of such arbitrators to arbitration shall be carried out under the provisions of The Aibitration Act of Ontario. In the event that such taking or expropriation so affects the Demised Premises as not to terminate this Lease but as to require the reconstruction or replacement of some portion of the Demised Premises, such reconstruction or replacement shall be carried out at the Landlord's expense in a good and workmanlike manner and as expeditiously as reasonably practicable, provided the cost thereof does not exceed the amount of the compensation awarded or fixed by agreement otherwise. 35. In the event of the Landlord desiring at any time during the term, or any renewal thereof, to remodel the said building, or. any part thereof, or take down the said building, the Tenant will on receiving six months' notice in. writing, surrender this lease and all the remainder of the term, if any, then yet to come and unexpired, as from the day mentioned in such notice, and will subject nevertheless to the provisions hereinafter contained thereupon, vacate the premises and yield up to the Landlord the peaceable possession thereof. It is understood that the said six months' notice need not expire at the end of any year or at the end of any month, and in the event of the day fixed for termination of the lease expiring on some other day that the last day of a month, the rent for such month shill) apportioned for the broken period. 36. The Tenant agrees that it will at any time or times during the Term, upon being given at least forty-eight (48) hours prior written notice, execute and deliver to the Landlord a statement in writing addressed to the Landlord, any actual or proposed mortgagee, purchasee, lessee or assignee, as requested certifying: a)· that this Lease is unmodified and is in full force and effect (or if modified stating the modifications and confirming that the Lease in full force and effect as modified); b) the amount ofRent being paid; c) the dates to which Rent has been paid d) other charges payable under this Lease which have been paid; e) particulars of any prepayment of rent or security deposits; and f) particulars of any sulhtenancies · 37. It is understood and agreed that whenever and to the extent that the Landlord shall be unable to fulfill or shall be delayed or restricted in the fulfillment of any obligation hereunder in respect of the supply or provision of any service or utility or the doing of any work or the making of any repairs by reason of being able to obtain material, goods, equipment, service or labour required to enable it to fulfill such obligation, or by reason of Statute, law or Order in Council, or any regulation or Order passed or made pursuant thereto, or by reason of the Governmental Department or Office, or other auihority required by thereby, or by reason of any other cause beyond its control, whether of the foregoing character or not, the Landlord shall be relieved frol!l the fulfillment of such obligation and the Tenant shall not be entitled to compensation for any inconvenience, nuisance or discomfort thereby occasioned. . 38. Landlord declares that it may assign its rights under this Lease to a lending institution as collateral security for a loan to the Landlord and in the event that such an assignment is given to the Tenant by or on behalf of the Landlord, it is expressly agreed between the Landlord and the Tenant that this Lease shall not be cancelled or modified for any reason whatsoever except as provided for, anticipated or permitted by the terms of this Lease by law, without the consent in writing of such lending institution. The Tenant covenants and agrees . with the Landlord that it will, if and whenever reasonable required by the ;Landlord and at the Landlord's expense, consent to and become a party to any instrument relating to this Lease which may be required by or on behalf of any purchaser, bank or mortgagee from time to time of the said premises; provided always that the rights of the Tenant as herein before set out be not altered or varied by the terms of such instrument or document 10 Subordination Limitation · OfLandlonl !.lability Liens Signs Rulos And Jtegulations Notices 39. Provided that this Lease and everything herein contained shall be deemed to be subordinate to any charge or charges from time to time created by the Landlord with respect to the building of which the Demised Premises form a part, by way of mortgage, and the Tenant hereby covenants and agrees by the Landlord during the term hereof execute all documents and give all further assurances to the holder or holders of such charges; provided however that no such subordination by the Tenant shall have the effect of permitting the holder or holders of any mortgage or lien or other security to disturb the occupation and possession by the Tenant of the Demised Premises, so long as the Tenant shall perform all of the terms, covenants, conditions, agreements and· provisions contained in this Lease. · 4o. The term "Landlord" as used in this Lease so far as covenants or obligation on the pan of the Landlord are concerned shall be limited to mean and include only the owner or owners at the time in question of the demised premises, in the event of any transfer or transfers or ownership, the Landlord herein nilmed, and in case of any subsequent transfers or conveyances, the then vendor or transferor, shall be automatically feed and relieved from and after the date of such transfer or conveyance, of all personal liability as respects the performance of any covenants or obligations on the pan of the Landlord contained in this Lease thereafter to be performed provided that; · (a) Any funds in the hands of such Landlord or the then vendor or transferor at the time of such transfer in which the Tenant has an interest, shall be turned over to the purchaser or transferee, and any amount then due and payable to the Tenant by the Landlord or the then vendor or transferor under any provision of this Lease shall be paid to the Tenant; and (b) Upon any such transfer, the purchaser or transferee shall be deemed to have assumed, subject to the limitations of this paragraph, all of the terms, covenants and conditions in this Lease contained to be performed on the part of the Landlord; it is being intended hereby that the covenants and obligations contained in this Lease on the part of the Landlord shall subject as aforesaid, be binding on the Landlord, its successors and assigns, only during and in respect of their respective successive periods of ownership. 41. If any mechanic's or other liens or order for the payment of money swill be filed against the Demised Premises by reason, or arising out of any labour or material, work or service furnished to the Tenant or to anyone claiming through the Tenant, the Tenant shall, within fifteen (15) days after notice to the. Tenant of the f!ling thereof, cause the same to be discharged by bonding, deposit, payment, Court Order or otherwise. The Tenant shall defend all suits to enforce such lien or Order whether against the Tenant or th.e Landlord at the Tenant's own expense. The Tenant hereby indemnifies the Landlord against any expense or damage as a result of such lien or order. ' 42. The Tenant shall have the right from time to time during the term hereof to erect, paint, display, maintain, alter, change or renew advertising signs on the exterior and interior walls of the Leased Premises; provided all such signs shall be dignified in appearance and shall be subject to the consent in writing of the Landlord, such consent not to be unreasonably withheld; provided further all such signs shall comply with the requirements of municipal and governmental authorities. · · 43. The Tenant covenants 'with the Landlord that the Tenant and its employees and all persons visiting or doing business with them on the on the Demised Premises shall be bound by and shall observe and perform and reasonable rules and regulations made by the Landlord of which notice in writing shall be given to the Tenant and all such Rules and Regulations shall be deemed to be incorpomted in and form any part of this Lease, herein set out in Schedule "C" 44. Any notice, request or demand herein provided for or given hereunder, if given by the Tenant to the Landlord shall be sufficiently given if mailed by registered mail, postage prepaid, to. the Landlord at Unit lA, 1255 TerWillegar Avenue, Oshawa, Ontario LIJ 7 A4 Or fax to (905) 571-4357 Any notice herein provided for or given herein under given by the Landlord to the Tenant shall be sufficiently given if mailed as aforesaid addressed to the Tenant as follows: City of Pickering One the Esplllnade Pickering, Ontario L1V6K7 Attn: Legal Department Any notice mailed as aforesaid shall be conclusively deemed lo have been given on the next business day following the day on which such notice is mailed as aforesaid. Either Landlord or Tenant may, at any time, give notice in Writing to the other of any change of address of the party giving such notice. From and after giving such notice, the address therein specifies sluill be deemed to be the address of-such party for the giving of such notice thereafter. 11 33 I • Waiver of Breach Net Lease Gender and Number Headings Mechanical Installations StiUctuml Repairs Envirorunc::ntal Independent legal Advice Guarani or 34 45. The failure of the Landlord to insist upon a strict performance of any of the agreements, terms, covenants and conditions hereof shall not be deemed a waiver of any rights or remedies that the Landlord may have and shall not be deemed a waiver of any subsequent breach or default in any such agreements, terms, covenants and conditions. 46. It is the intention ·of this Lease that the said rentals herein provided to be paid shall net to the Landlord and clear of all taxes (except the Landlord's income taxes), costs and charges arising from or relating to the Demised Premises and that the Tenant shall pay all charges, impositions and expenses of every nature and kind relating to the Demised Premises and the Tenan-t covenants with the Landlord accordingly. 47. Words importing the singular number only shall include the plural and vice versa; words importing the masculine gender shall include the feminine gender and vice versa; and words importing persons shall include firms and corpomtions and vice versa. 48. The division of this agreement into sections and subsections and schedules and the insertion of headings are for convenience of reference only and shall not affect the construction, intent or interpretation of this agreement. The section, subsection and schedule headings in this agreement are not intended to be full or precise descriptions of the text to which they refer and are not to be - considered part of this agreement. 49. This indenture and everything herein contained shall extend to and bind and endure to the benefit of the respective heirs, executors, administrators, successors and assigns (as the case may be) of each and every of the parties hereto, subject io the consent of the Landlord being -obtained, as herein before provided, to any assignment or sublease by Tenant All covenants herein contained shall be deemed to be joint and several and all rights and powers reserved to the Landlord may be exercised by eitlier Landlord or its agents or representatives. 50. The Landlord warrants that all heating, plumbing, electrical, lighting and mechanical systems will be in good repair and working order as of the date set for occupancy. 51. The Landlord shall be responsible for major structural repairs, including those to the walls, roof and floors unless damages are caused by the Tenant, its employees, contractors, agents, invitees or licensees. 52. The Landlord warrants that to the best of their knowledge, the premises does not contain nor has it ever contained asbestos, PCB's (other than in any older light ballasts), urea formaldehyde foam insulation or any other hazardous substance as defined by the Environmental Protection Act of Ontario. The Tenant shall not permit any such material(s) to be brought onto the Leased Premises. 53. The Tenant represents and acknowledges that they have received independent legal advice prior to signing this lease agreement. 54. Set out in Schedule "D", are obligations of the Landlord, known as Landlord's work, herein forming part of this Lease agreement. 55. Set out in Schedule "E", are obligations of the Tenant, known as Tenant's work, herein forming part of this Lease agreement 56. A Rider consisting of two pages with paragmphs numbered consecutively "Rider 1" and "Rider 2" is attached hereto and forms part of this Lease agreement S+:--€a-)-Ge-venants.-In-e!IIISieE!I'IItie~e--ef Blle-tieHflf ESl.QQ) 11e~o !'Ilia b';(': Landlord to the Guarantor(s) and other valuable consideration the receipt wh~o is acknowledged, the guarantor covenants with the Landlord that the Tenant sEdul Crform and observe every covenant, proviso, condition and agreement in this Lease on the of the Tenant to be performed and observed, including the payment of rent and all oth~ yments agreed to be paid of payable under this Lease on the days and at the times and !Jl-dle manner herein specified, and that if default is made by the Tenant, whether in~payment offent or other sums from time to time failing due hereunder as and when they become d d payable or in the performance or observance of any of the covenants, provisos, cond· · or agreements which under the terms of this Lease are to be performed, or observed b Tenant, the Guarantor(s) shall forthwith pay to the Landlord on demand the ren2and o sums in respect of which default has occurred and all damages that may arise in cons e of the non-observance or non-performance of any of the covenant, proviSos, conditio agreements. (b) EnforcemenL e Guarantor(s) covenants with the Landlord that the Guarantor(s) is jointly and severall und with the Tenant for the fulfillment of all obligations of the Tenant under this Lease. the enforcement of its rights hereunder the Landlord · may proceed against the G t~)-as-i~wmmt~-..namN.th~~ 12 I~ .~jj) I • • (d) Non-Waiver .. No neglect or forbearance of the Landlord in endeavouring to · payment of the rent or other payments required be made under the provisions of this I.e when they become due, no delay of the Landlord in taking any steps to enforce perfo or observance of the covenants, provisos or conditions contained in this Lease to be ormed or observed by the Tenant, no extension or extensions of time which maybe given the Landlord from time to time to the Tenailt, and no other act or failure to act by the Land releases, discharges or in any way reduces the obligations of the Guarantor(s) under the ntce contained in this paragraph 4. (e) Termination. In the event of termination o ·s Lease, except by surrender accepted by the Landlord, or in the event of disclaimer of · Lease pursuant to any statute, then at the option of the Landlord the Guarantor(s) shall exe e a new Lease of the premises between the Landlord as Landlord and Guarantor(s) as T for a term equal in duration to the residue of the term remaining not expired at the da . of termination or disclaimer. The Lease shall contain the same Landlord's and Tenant's ob · ations and the same coveruints, provisos, agreements and conditions in all respects (includin e provisos for re-entry) as are contained in this Lease. IN WI1NESS WHEREOF the parties hereto have executed these presents. SIGNED, SEALED AND DELIVERED In the presence of) D'ANGELO (P, & G.) HOMES LIMITED . ' Per.~~~~~~~~~~----------~ Grace D'Angelo President I have the authority to bind the corporation CORPORATION OF THE CITY OF PICKERING I have the authority to bind the corporation 13 35 ~oo' ·~.:PART. 4- ........ h.' ~: ... ·' .-.· .... . · .. ·. ::. -:::-~ · .. : .. :.; . ·~~-::·· -~!r~-.. ;· :~r ~--;:~;;;;;;:::;:::==---.--.!:.1.3~7.~.44~· ........ e::-;;:-;-77::=:c--....:.:. ·::. ·-.·. '· ... ~U/oLEY SmEET ·· .. :: 3ill SCHEDULE"C" SCHEDULE OF RULES AND REGULATIONS FORMING PART OF mE WITHIN LEASE 1. The sidewalks, entrances, elevators, stairways and corridors of the Building shall not be obstructed by any Tenants or used by them for any other purpose than for ingress and egress to and from their respective offices, and no Tenant shall place or allow to be placed in the hallways, corridors or stairways any waste paper, dust, garbage, refuse or any thing whatever that shall tend to make them appear unclean, untidy or filthy; 2. The floors, skylights and windows that reflect or admit light into passageways or in to any place in the said Building shall not be covered or obstructed by any of the Tenants, and no awnings ·shall be put over any window; the water closets and other water apparatus shall not be used for any purpose other than thnse for which they were constructed, and no sweepings, rubbish, mgs, ashes or other substance shall be thrown therein, and any damage resulting to them from misuse shall be home by the Tenant by whom or by whose employee the damage was caused. 3. In the event that thy Landlord provides and installs a Public Directory Board inside the main entrance to the Building, the Tenants' name or names shall be placed on the said Board at the expense of such Tenant or Tenants, same to be charged to the Tenant or Tenants in the month's bill for rent next rendered, and shall be iecovemble as rent. · 4. All window signs, interior signs and signs on glass doors must be approved in writing by the Landlord before the Tenant engages a sign contmctor to paint said signs, and all such signs shall be painted in the form previously so approved by the Landlord. 5. If any sign, advertisement or notice shall be inscnbed, painted or affixed by the Tenant on or to any part of the said Building whatever, then the Landlord shall be at liberty to enter on said premises and pull down and take away any such sign, advertisement or notice, and the expense thereof shail be payable by the Tenant. 6. If by reason of any altemtions which the Tenant may make or may permit to be made, with or without the consent of the Landlord, to any part of the Demised Premises or to any fixtures in the Demised Premises, the addition of any equipment or the use of any material which the Tenant, its employees or other persons permitted by the Tenant to be on the premises may use or keep in the said premises, or any change in the type of occupancy of the Demised Premises which the Tenant may make or permit to be made, there is any increase in the insurance premiums payable by the Landlord on any fire insurance which may be in effect or which the Landlord may hereafter place upon the Building of which the Demised Premises form a part, the Tenant agrees to pay to the Landlord the amount of such increase, and the parties agree that a statement by the insurance broker of the Landlord of the amount of such increase shall be final and binding upon the parties. 7. No safes, machinery, equipment, heavy merchandise or anything liable to injure or destroy any part of the Building shall be taken into it without the consent of the Landlord in writing, and the Landlord shall in all cases retain the power to limit the weight and indicate the place where such safe or the like is to stand, and the cost of repairing any and all damage done to the Building by taking in or putting out such safe or the like or during the time it is in or on the premises, shall be paid for on demand by the Tenant who so causes it. No Tenant shall load any floor beyond its reasonable weight carrying capacity as set forth in the municipal or other codes applicable to the Building. All glass, locks and trimmings in or upon the doors or windows of the Demised Premises shall be kept whole and whenever any part thereof shall become broken, the same shall be immediately replaced or repaired under the direction and to the satisfaction of the Landlord, and such replacements and repairs shall be paid for by the Tenant. 8. In order that the Demised Premises may he kept in a good state of preservation and cleanliness, the Tenant shall during the continuance of its lease clean the Demised Premises. No heavy equipment of any kind shall be moved within the Building without skids being placed under the same, and without the consent of the Landlord in writing. 9. The Landlord shall have the right to enter the Demised Premises at reasonable hours in the day to examine the same or to make such repairs and altemtions as it shall deem necessary for the safety and preservation of the Building, and also during the three months previous to the expiration of the lease of the Demised Premises, to exlubit the. said premises to be let and put upon them its usual.notice ''For Rent", which said notice shall not be removed by any Tenant. Any alterations, additions, renewals or changes made in the partitions or divisions of the rooms or linoleum floors during the currency of this lease shall, if made at the request of the Tenant, be done by the Landlord at the expense of the Tenant, and shall be subject to the approval in writing and direction of the Landlord. I 0. Nothing shall be thrown by the Tenants, their clerks or servants, out of the windows or doors or down the passages and sky-lights of the Building. 38 15 ..... II. No birds or animals shall be kept in or about the premises nor shall the Tenants operate or permit to be operated any musical or sound producing instrument or device inside or outside the premises which may be heard outside the premises. 12. If the Tenant desires telegraph or telephone, cull bell or other private signal connections, the Landlord reserves the right to direct the electricians or other workmen as to where and how the Wires are to be introduced, and without such directions no boring o~ cutting for wires shall take place. No other Wires of any kind shall be introduced without the written consent of the Landlord. 13. No Tenant and/or person shall use the Leased Premises for sleeping apartments or residential purposes, or for the storage of personal effects or articles other than those required for business purposes. 14. Tenants and their employees shall not make or commit any improper noise in the Building; or in any way interfere with or annoy other Tenants or those having business with them. 15. All Tenants must observe strict care not to allow their windows to remain open so as to admit rain or snow, or so as to interfere with the heating of the Building. Any injwy or damaged caused to the Building or its appointments, furnishings, heating and other appliances, or to any other Tenant or to the premises occupied by any other Tenant, by reason of windows being left open, so as to admit rain or snow, or by interference with or neglect of the heating appliances, or by reason of any other misconduct or neglect upon the part of the Tenant or any other person or servant subject to him shall be made good by the Tenant in whose premises the neglect, interference or misconduct occurred. · 16: Nothing shall be placed on the outside of windows or projections of the demised premises. No air- conditioning equipment shall be placed at the windows of the Demised Premises withoui the consent in writing of the Landlord. 17. The Tenant shall not to place any additional locks upon any doors of the Building without the written consent of the Landlord. I 8. The Tenant shall give to the Landlord pf!Jmpt written notice of any accident or any defect in the water pipes, gas pipes, heating apparatus, telephone or eleciric light, or other wires in any part of said Building. 19. No inflammable oils or other inflanunable, dangerous or explosive materials shall be kept or permitted to be kept in the I;>emised Premises. Nothing shall be placed on the outside of windowsills or projections. 20. The Tenant shall give the Landlord prompt notice of any accident to or any defect in the plumbing, heating, air-conditioning, mechanical or electrical apparatus or any other part of the Building. The caretaker will have charge of ull radiators and will give ull information for the management of the same, and the Tenant shall give to the Landlord prompt written notice of any accident to or defects in the water pipes or heating apparatus. The Landlord shall not be liable for any damage to any property at any time on the Demised Premises, nor for the theft of any of the said property, nor shall it be liable for an escape or leakage of smoke, gas, water, rain or snow, howsoever caused, nor for any accident to the property of the Tenant 21. 'No bicycles or other vehicles shall be brought within the said Building or upon the Landlord's property, including any lane or courtyard, except in the parking areas. 23. Spikes, hooks, nails, screws or knobs shall not be put into the walls or woodwork. 24. No freight, furniture or packages will be received in the Building or carried up or down in the stairs between the hours of 8 a.m. and 6 p.m. 25. It shall be the duty of the respective Tenants to assist and co-operate with the Landlord in preventing injwy to the Demised Premises to them respectively. 26. Any person entering upon the roof of the Building does so at his/her own risk. 27. The Tenant shall not enter into any contract with any person or persons or corporations for the purpose of supplying towels, soap or sanitary supplies, etc., ice or spring water, unless the said person or persons or corporations agree that the time and place of delivery of such articles and the elevator service to be used in connection therewith shall be subject to such rules and regulations as ihe Landlord may from time to time prescribe. 28. No Tenant shall make a door-to-door canvass of the Building for the purpose of selling any products or services to the other Tenants without the written consent of the Landlord. 29. No Tenant shall be permitted to do cooking to operate cooking apparatus except in a portion of the Building rented for the purpose. 35. The Landlord shall have the right to make such other and further reasonable rules and regulations as in its judgment and may from time to time be needful for ihe safety, care, cleanliness and appearances of the premises.and the Building, and for the preservation of good order therein, and the same shall be kept and observed by the Tenants, their clerk and servants. 16 39 RIDER! SURRENDER OF LEASED PREMISES Notwithstanding anything contained within the Lease, all alternations, partitions, floor coverings of any kind or nature, plumbing fixtures, heating and air-conditioning units shall remain the property of the Landlord. All interior leasehold improvement will be the property of the Tenant at the end of the term of the Lease. Upon the expiration of the Term or any renewal or extension of this lease, or other termination hereof Tenant shall surrender the Leased Premises in good order, ·condition and repair as Tenant is required to maintain the Leased Premises under the terms of this Lease, save and except by unavoidable casualty, and Tenant shall. remove all garbage and debris from the Leased Premises and shall leave the Leased Premises to the Ll!ndlord all combinations of locks, safes and vaults, if any, in the Leased Premises. Notwithstanding the foregoing, or anything else in this Lease, the Tenant shall have the right to make alterations and installations to the Demised Premises at its own expense from time to time during the Lease term, with the consent of the Landlord. The Tenant shall not be required to restore the Demised Premises to their original base building standard, but will leave the Demised Premises in free and clear of debris and broom swept condition, reasonable wear and tear excepted, upon termination of the Lease. Any additional alterations not consented to by the. Landlord wil~ however, be removed by the Tenant at the Tenant's expense at the option of the Landlord. ® / @~ 42~------------------1-9 --~------------------~ ~~9 LEG 04-15 Subject: Seaton FIA and District Park MOA February 9, 2015 Page 2 ~-------------AttaGhment 2 to this Report. Report CAO 05-13 (including the FIA, as originally approved by Council) is Attachment 3 to this Report, The establishment of a district park will provide active and passive park space for the use and enjoyment of the City's residents. This is consistent with the objectives of the Central Pickering Development Plan which calls for "a broad range of social, institutional, open space and recreational facilities" within Seaton. The District Park Agreement makes it possible for the City to provide a district park facility within the Seaton development area. Staff therefore recommend that the District Park Agreement and the amended FIA be executed by the City. Financial Implications: The district park lands which the Province is committing to transfer to the City consists of approximately 90 acres of land within the Seaton development area plus an additional approximately 10 acres of land over which the City will be granted a permanent easement. If the City was forced to purchase lands for the district park at fair market value, the cost would be prohibitively high. Given the various and significant cost pressures under which the City operates on an ongoing basis, it is likely that the Seaton district park would not proceed at all without the cooperation of the Province in finalizing the District Park Agreement. Discussion: · District Park Agreement Schedule "A" to the District Park Agreement (last page of Attachment 1) is a map showing the location of the district park site. The park is located on the west side of Sideline 32 just north of Highway 7 within the Seaton development area. The park site has an area of approximately 90 acres and is shown in green on the map. The site is suitable for various sports fields (for example, soccer, baseball, cricket, rugby) and related parking and spectator areas and facilities. In addition to the district Park site, an additional area of approximately 10 acres is outlined in red on the map. It is the intent of the Province and the City to add the additional 10 acre area to the district park. That being said, the additional area is part of Seaton's Natural Heritage System, and cannot be transferred outright to the City. The Province is able to give the City a permanent easement over the additional 10 acre area, subject to additional approvals. The easement would give the City exclusive possession of the 10 acre area and would accommodate additional passive park uses. It is anticipated that the Province will obtain the necessary approvals to transfer the easement to the City. At this point in time, the Toronto and Region Conservation Authority has already informally approved of the easement. If for any reason the necessary approvals are not forthcoming, then the City will not be able to add the additional10 acre area to the district park. In such event, the District Park Agreement provides that the Province and the City will enter into discussions to provide for the transfer to the City of an additional parcel of land on the south side of Highway 7 immediately to the South of the district park site. CORP022'i'-O'i'/01 1evised 45 46 LEG 04-15 Subject: Seaton FIA and District Park MOA February 9, 2015 Page 3 The District Park Agreement and amendments to the FIA provide for the above-noted transfers of lands to the City. The Agreements express the Province's obligation to transfer the district park site in terms of a land exchange. Specifically, the Province's obligation to transfer the district park to the City is described within the Agreements as being in exchange for the conveyance by the City of certain unused road allowances within Seaton. Please note, however, that the Council-approved FIA already provided for the transfer of unused road allowances in the Seaton development area to the Province and the landowners. The District Park Agreement and the FIA do not commit the City to make any land transfers over and above those already contemplated by the draft FIA approved by Council in 2013. Amendments to Financial Impacts Agreement Since the draft FIA was approved by Council on a October 23, 2013, the Province has requested certain amendments. To the extent that the requested amendments were acceptable to City staff, they have been incorporated into the updated draft FIA (Attachment 2 to this Report). Apart from minor housekeeping amendments to the FIA, the key changes are as follows: Section 2.7: This new Section makes the FIA conditional upon the Province meeting its obligations to consult with Aboriginal peoples where required, and to provide accommodation where necessary. Although adding a condition to the FIA is not favourable for the City, the Province is subject to a statutory obligation to consult Aboriginal peoples if and when their interests are affected. The inclusion of the Aboriginal consultation condition is therefore unavoidable. Section 6.5 The amendments to this Section are of a technical nature, and relate to the manner in which development charges are calculated on the Province's prestige employment lands within Seaton. This provision now specifies that development charges are to be calculated on the prestige employment lands on a land area basis as opposed to a total floor area (GFA) basis. This amendment benefits the City by requiring that the entire development charge must be paid for each parcel of land when initial development occurs. This helps ensure complete development charge recovery, regardless of the average building density achieved. The revisions to Section 6.5 will encourage intensification of development, and will discourage land banking. Article 8: Amendments to this Article now specifically provide for the transfer to the City of approximately 90 acres plus a permanent, irrevocable easement to the City over an additional 1 0 acre area, for district park purposes. The amendments correspond to the provisions of the District Park Agreement described above. The amendments to this Article also provide for the location of stormwater management works within Seaton's Natural Heritage System on the basis of permanent, irrevocable easements in favour of the City, as opposed to outright transfers of title to the City. CORP0227-07/01 revised 48 ~TTACHMENT# I TO REPORT# I-E9 -- TIDS AGREEMENT MADE this __ day of _____ , 2014f .of. (o . . Dt/--IS BETWEEN: RECITALS: HER MAJESTY THE QUEEN IN RIGHT OF ONTARIO as represented by the Minister of Economic Development, Employment and Infrastructure as represented by Ontario Infrastructure and Lands Corporation (hereinafter the "Province") -and- THE CORPORATION OF THE CITY OF PICKERING (hereinafter the "City") A. the City and the Province and other landowners have executed an agreement (the "FIA") as of even date with regards to the development of the community known as Seaton as identified in the Central Pickering Development Plan; B. the FIA provides, inter alia, (i) that not less than approximately 90 acres of land and (ii) an easement over a further approximately 10 acres of land will be transferred by the Province to the City for municipal purposes and which will be utilized for a District Park and further that the City will transfer to the Province approximately 7 4 acres of land ·that are currently road allowances and will comprise part of the development area of the Seaton community; C. the parties wish to enter into this Agreement to outline their understanding with regards to the lands to be transferred, and the timing of such transfers and other matters related thereto. NOW THEREFORE, for good and valuable consideration, the sufficiency of which is hereby acknowledged, the PARTIES HEREBY COVENANT AND AGREE as follows: Definitions 1. In this Agreement ("Agreement") and the attached Schedules, the following words and expressions have the following meanings: .1. Closing Date: subject to any extensions permitted under this Agreement, the Closing Date in respect of the land exchange contemplated by this Agreement shall be on or before March 31, 2015 or such other date as mutually agreed to by the parties. n. Easement Land: means approximately .1 0 acres of land, identified on Schedule "A" hereto, and which will be further identified and defmed by Page 1 of5 Reference Plans to be created pursuant to the terms and conditions hereof, which land will be used by the City for the purpose of a District Park. 111. Municipal Land: means not less than approximately 90 acres of land identified on Schedule "A" hereto, and which will be further identified and defmed by Reference Plans to be created pursuant to the terms and conditions hereof, which land will be used by the City for the purpose of a District Park. IV. Permitted Encumbrances: subject. to further agreement by the parties, Permitted Encumbrances mean those title encumbrances which are irrevocably deemed to be acceptable to the Province and to the City in respect of those lands to be acquired either by the Province or the City pursuant to this exchange of lands. Such Permitted Encumbrances shall be limited to registered agreements with publicly regulated utilities provided same have been complied with, easements, rights-:of-way, or licences for the supply of public and/or private utilities or telephone services as well as easements or rights-of-way for drainage, storm or sanitary sewers and public utility or telephone and minor encroachments not materially affecting marketable title of such lands. v. Reference Plan: means a plan deposited under section 150 of the Land Titles. Act or section 80 or 81 of the Registry Act and includes any other .plan deposited as a reference plan; v1. Road Allowances: means approximately 74 acres of land identified on Schedule "B" hereto, and which will be further identified and ·defined by Reference Plans to be created pursuant to the terms and conditions hereof. Conditions . 2. This Agreement shall only be binding on the parties if the FIA becomes binding on the parties, and if the FIA does not become binding on· the parties by March 31, 2015 then this Agreement shall be null and void and of no effect. 3. The closing of the transaction contemplated by this Agreement should it become binding on the parties pursuant to the terms hereof is subject to the following conditions precedent first being achieved by the Closing Date: a. the Municipal Lands have been identified by Reference Plans registered in the appropriate Land Titles Office; b. the Easement Lands have been identified by Reference Plans registered in the appropriate Land Titles Office; c. the Road Allowances have been identified by Reference Plans registered in the appropriate Land Titles Office; d. all Class Environmental Assessments with regard to the subject matter hereof required by either party have been completed; . e. the Province is satisfied in its sole and absolute discretion as to title of the Road Allowances and the environmental condition of the Road Allowances; Page 2 of5 49 50 f. the City is satisfied in its sole and absolute discretion as to the title of the Municipal Lands and the environmental condition ofthe Municipal Lands; g. the City has passed any by-laws required to stop up and close the Road Allowances and to sell such land; h. any required approvals from Ministry of Natural Resources pursuant to Section 43 .of the Municipal Act, 2001 have been obtained; 1. any required approvals of the Council of the City with regards to the matters dealt with herein have been obtained; and J. the City is satisfied in its sole discretion that the Municipal. Lands are suitable for use as a district park. Land Exchange 4. The parties acknowledge and agree that the terms of this Agreement govern the conveyance of land from the Province to the City as provided for in the FlA. The parties agree that non-satisfaction of a condition precedent under this agreement shall not constitute a default under the FlA. 5. The parties acknowledge that in order to effect the la...'ld exchange contemplated by this Agreement surveys will have to completed and filed with the appropriate Land Titles Office as Reference Plans. The exact boundaries of the Rmid Allowances and of the Municipal Land and Easement Land will be determined by the parties acting reasonably, provided that if the parties cannot agree on the exact boundaries of the lands to be included in the Reference Plans showing the Road Allowances, Municipal Land and Easement Land prior to the Closing Date .then this Agreement shall be null and void unless. otherwise agreed to. · 6. Each of the parties hereto agree to pay the cost of preparing and depositing the Reference Plans required for the land that it is receiving .. 7. The parties agree that.if the Province does not obtain all required approvals to convey the easement over the Easement Land as contemplated by this Agreement, then the definition of the Municipal Land may be amended in accordance with the provisions ofthe FIA if the parties agree that additional land is to be transferred to the City pursuant to the FlA. 8. On the Closing Date the Road Allowances shall be conveyed to the Province by the City subject to Permitted Encumbrances. 9. On the Closing Date the Municipal Lands shall be transferred to the City by the Province subject to Permitted Encumbrances. -10. Subject to Section 7 hereof, on the Closing Date an irrevocable easement, on terms to be agreed upon between the Province and the City acting reasonably, shall be transferred to the City by the Province subject to Permitted Encumbrances. General 11. The recitals to this Agreement form part of and are an. integral component of this Agreement. Page 3 of5 12. Time shall be ofthe essence of this agreement. 13. The provisions of this Agreement extend to, bind and enure to the benefit of the parties, and their· successors and permitted assign~. No party may assign any rights or obligations hereunder or in connection with this Agreement without the express prior written consent of all other parties hereto. 14. This Agreement and the rights and obligations of the parties to this Agreement shall be determined in accordance with the laws ofthe Province of Ontario. 15. Each of the parties acknowledges that they are independent contractors and· not the agent or partner ofthe other. Nothing in this Agreement shall be interpreted as creating any legal relationship other than as contracting independent parties. 16. Each party shall pay its own costs and expenses of and incidental to the preparation of this Agreement and the negotiations preceding or associ;:tted with such agreement. 17. No amendment, modification, supplement, termination or waiver of any provision of this Agreement, and no consent to any departure from the strict terms hereof may in any event be effective unless in writing and signed by all parties hereto and then only in the specific instance and for the specific purpose given. REMAINDER OF PAGE INTENTIONALLY LEFT BLANK Page 4 of5 51 52 18. This Agreement may be executed in counterparts (and by different parties hereto in different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. Delivery of an executed counterpart of a signature page of this Agreement by telecopy or by sending a scanned copy by electronic mail shall be effective as delivery of a manually executed ~ounterpart of this Agreement. · IN WITNESS WHEREOF the parties have executed this Agreement effective as at the date noted herein. HER MAJESTY THE QUEEN IN RIGHT OF ONTARIO as represented by the Minister of Economic Dev~lopment, Employment and Infrastructure as represented by Ontario Infrastructure and Lands Corpo.ration Per: Name: Title: Per: Name: Title: I/We have authority to bind the Province. THE CORPORATION OF THE CITY OF PICKERING Per: Name: Title: Per: Name: Title: I/We have authority to bind the City. Page 5 of5 53 ATTACHMENT#, c;)_ TO REPORT# Le ~ . SEATON lANDOWNERS GROUP AND CITY OF PICKERI~ .of. 3~3 Dtf-/e;- FINANCIAL IMPACTS AGREEMENT THIS AGREEMENT is made this day of 12014. BETWEEN: THE CORPORATION OF THE CITY OF PICKERING (hereinafter referred to as the "City"} OF THE FIRST PART and HER MAJESTY THE QUEEN in Right of Ontario as represented by the Minister of Economic Development, Employment and Infrastructure as represented by Ontario Infrastructure and Lands Corporation RECITALS: (hereinafter referred to as the "Province") OF THE SECOND PART and 1133373 ONTARIO INCORPORATED, , LEBO VIC ENTERPRISES LIMITED, AFFILIATED REALTY CORPORATION LIMITED, CHESTERMERE INVESTMENTS LIMITED, HUNLEY HOMES LIMITED, 1350557 ONTARIO LIMITED, ZAVALA DEVELOPMENTS INC., ZAVALA DEVELOPMENTS INC., in Trust, . MATTAMY (SEATON) LIMITED, and WHITE SUN DEVELOPMENTS LIMITED (hereinafter collectively referred to as the "SPL") OF THE THIRD PART A. The Province and the SPL (individually) are owners of land in the City of Pickering in the Regional Municipality of Durham in the Province of Ontario that is located in an area known as the "Seaton Community" or "Seaton", as depicted on Schedule "A" (the "Lands"). · 54 55 B. The Seaton Community is a development area subject to the Central Pickering Development Plan, which was prepared and approved by the Minister of Municipal Affairs and Housing pursuant to the Ontario Planning and Development Act, 1994, S.O. 1994, c. 23, and came into effect by Provincial Order-in-Council dated May 3, 2006, and amended on June 6, 2012 (the "CPDP"). C. The Province and the SPL are collectively referred to as the "SLG". D. The City and the SLG have entered into this Agreement for the purpose of confirming arrangements pertaining to the financing and construction of City infrastructure and other related matters <;~ffecting the development of the Seaton Community. E. The City was authorized by Council to execute this Agreement on Octo.ber 28, 2013. F.. A final decision of the OMB, with no Order, was required to be requested on or before October 31, 2013 with respect to the zoning by-law for the Lands owned by the SPL within Seaton Phase 1 and such final decision was rendered, and no Order has yet been issued. G. The City provided evidence to the OMB with respect to a draft plan of subdivision, draft conditions and draft zoning by-law for the Lands owned by the Province within Seaton Phase 1 at the settlement hearing held on January 15, 2014. NOW THEREFORE, for good and valuable consideration, the sufficiency of which is hereby acknowledged, the PARTIES HEREBY COVENANT AND AGREE as follows: Definitions · ARTICLE 1 INTERPRETATION 1.1 In this Agreement and the attached Schedules, the following words and · expressions have the following meanings: (a) "10% Contribution" has the meaning described in Section 5.1.. (b) "Building Permit" means a building permit issued pursuant to the Building Code Act, 1992, S.O. 1992, c. 23, as amended, revised or 2 consolidated from time to time and the regulations thereto, and any successor legislation. (c) "Business Day" means a day other than Saturday, Sunday or statutory holiday in the Province of Ontario. (d) "City" means The Corporation of the City of Pickering or the geographic area of Pickering, as the context dictates. (e) "City-wide DC By-law" means a DC By-law that applies to the entire City, including Seaton, and which comes into effect in 2014. (f) "CPDP" has the meaning described in Recital B. (g) "Council" means Council of the City. (h) "DC" means "development charge" as that term is used in the DC Act. (i) "DC Actl' means the Development Charges Act, 1997, S.O. 1997, c. 27, as amended, revised or consolidated from time to time and the · regulations thereto, and a_ny successor legislation. U) "DC By-law" means a by-law to impose DCs passed pursuant to the DC Act and enacted by Council. (k) "MESPA" means the Master Environmental Servicing Plan Amendment dated July 2013 as required by Policy 1 of Section 4.6 Servicing ofthe CPDP and asfiled with the City in July 2013. (I) "NFSSRs" means the Neighbourhood Functional Servicing and Stormwater Reports as required by Section 11.73 of Amendment No. 22 to the City's Official Plan. (m) "OMB" means the Ontario Municipal Board. (n) "Region" means the Regional Municipality of Durham .. (o) "Regional Road Enhancements" means the sidewalk, streetlighting. and trail works listed in Schedule "D-3", being works related to specific Regional roads internal to Seaton, as well as the proposed extension of Rossland Road/SL22 from Brock Road to· the south limit of Seaton (located external to Seaton). (p) "SDE" means a single detached equivalent unit. 3 56 57 . (q) "Seaton" and "Seaton Community" have the meanings described in Recital A. (r) ."Seaton .Cost Sharing Agreement" means the agreement of the same name dated July 18, 2007 entered into amongst members of the SLG for the purpose ofco-ordinating responsibilities related to dedication of land and construction of infrastructrJre in order to facilitate the development of the Seaton Community, as amended, restated or replaced from time to time. (s) "Seaton ·external Road Works" means the City roads external to Seaton and associated road works listed in Schedule "D-2". (t) "Seaton Internal Road Works" means the City roads internal to Seaton and associated road works listed in Schedule "D-1". (u) "Seaton Natural Heritage System" means the Natural Heritage System located within Seaton and described in City Official Plan Amendment No. 22. (v) "Seaton Phase 1" means the first phase of development of the Seaton Community, as depicted on Schedule "B". (w) "Seaton Share" refers to the proportion of the total amount of any ·cost related to the Seaton External Road Works that is payable pursuant to the terms of this Agreement by the SLG, in accordance with the percentages set out in Schedule "D-2". (x) "SLG" means the SPL and the Province and includes their respective successors, including successors in title to the Lands, and permitted assigns. (y) "Soft Services" means those services that are, as of the date of this Agreement, subject to the 10% deduction under Section 5(1)8 of the DC Act. (z) "SPL" has the meaning described on page 1 of this Agreement and includes the successors, including successors in title to Lands owned by the SPL as of the date of this Agreement (the "SPL Lands"), and permitted assigns of every corporation, partnership or other legal person comprising the SPL. (aa) "SSIS" means the Seaton Staged Servicing and Implementation Strategy dated December 2011, revised May 2013. 4 Schedules 1.2 The schedules referred to in this Agreement, as same may be amended from time to time by .further agreement of the parties in accordance with the principles contained in this Agreement, shall be deemed to form part hereof. The schedules to this Agreement are as follows: Schedule "A" Schedule "B" Schedule "C" Schedule "D-1" Schedule "D-2" Schedule "D-3" Schedule "E" Plan Depicting Ownerships in Se~ton Plan Depicting Seaton Phase 1 Single Detached Equivalent Unit Factors Seaton Internal Road Works Seaton External Road Works Regional Road Enhancements Notice Particulars ARTICLE 2 CONDI"{IONS PRECEDENT 2.1 Subject to Section 2.3, this Agreement is subject to the following conditions precedent first being achieved by the following dates indi-cated: (a) On or before November 15, 2014 the City will have requested that the OMB issue .a decision and an Order granting approval of the draft plan of subdivision and draft plan conditions~ for the Lands owned by the Province within Neighbourhood 21 (Plan of Subdivision No. SP- 2011-03), by November 30, 2014 or as soon as reasonably practicable thereafter); (b) On or before March 31, 2015, the Province has obtained all required approvals with regards to the terms of this Agreement, including transfers and conveyances referred to in Sections 8.4, 8.5 and 8.6; (c) On or before March 31, 2015, the SPL and the Province have executed a binding agreement or agreements which are in force providing for the sharing of costs to be incurred pursuant to this Agreement; and (d) On or before .March 31, 2015, any and all front ending agreements required to be entered into between the Region and the SLG for the development of Seaton Phase 1, to the satisfaction of the Region and the SLG, have been fully executed. 5 58 59 2.2 The parties agree to work diligently and in good faith and to do all things reasonably necessary to satisfy the conditions p.recedent set out in Section 2.1 on or before the dates provided for therein. 2.3 In the event that any of the conditions precedent described in Section 2.1 has not been achieved on or before the dates provided for .therein, then the SLG shaH have the sole discretion to extend the time for the fulfillment of any such condition by providing written notice to the City from the SLG Trustee. 2.4 If any of the conditions precedent described in Section 2.1 have not been achieved on or before the date provided for therein and the SLG has not, prior to such date, provided the City with notice of an extension as described in Section 2.3, then, as of such applicable date, this Agreement shail immediately terminate and be at an end, and each party shall be wholly released and forever discharged from all covenants and requirements provided for herein. 2.5 The SLG shall not be entitled to waive conditions 2.1 (c) and (d) without the City's consent. 2.6 The zoning by-law referred to at Section 2;1(a) shall not contain any holding provisions in relation to financial issues. 2.7 The parties acknowledge and agree that commitments and .obligations of the Province set out in this Agreement are conditional on the Province meeting any obligations to consult with Aboriginal peoples where required, and ·provide accommodation, where necessary. Determination of whether consultation by the Province is required and whether the Province has carried out the necessary consultation shall be at the sole discretion of the Province. The Province will advise the other parties of any potential required modifications to the commitments and obligations set out in this Agreement arising from its consultation including any potential requirement to extend the time for fulfilling any of the conditions precedent, and each ofthe parties agree to negotiate, acting reasonably, any potential required modifications to the commitments and obligations set out in this Agreement. ARTICLE 3 SEA TON PHASE 1 3.1 The City agrees that Seaton Phase 1 will be comprised of the area depicted on Schedule "B" and will be subject to a maximum total residential unit count of 9,800 SDEs as well as the lands designated Prestige Employment pursuant 6 to the CPDP as depicted on Draft Plan of Subdivision SP-2011-03. The parties agree that the Single Detached Equivalent Unit Factors set out in Schedule "C" shall be used to calculate the number of SDEs within any development in Seaton. 3.2 . Where payments are made on an SDE basis pursuant to this Agreement, the amount payable for each dwelling unit will be calculated based on unit type in accordance with the SDE unit factors set out in Schedule "C". 3.3 The City acknowledges that it· is satisfied with and accepts the SSIS in principle as submitted by the SLG, dated December 2011, revised May 2013. ARTICLE 4 ROADS AND ENHANCEMENTS FUNDING AND CONSTRUCTION SLG funding and construction of Seaton Internal Road Works and Regional Road Enhancements 4.1 The SLG will design and construct, at the SLG's sole expense and to the satisfaction of the City, the Seaton Internal Road Works as set out in Schedule "D-1''. The SLG will also design and construct at the SLG's sole expense and to the satisfaction of the City the Regional Road Enhancements as set out in Schedule "D-3". Such works will generally be constructed as adjacent development proceeds, with detailed requirements respecting design and construction, including timing, set out in future servicing or subdivision agreements between the SLG and the City. SLG funding for Seaton External Road Works 4.2 The SLG will provide funding to .the City for the Seaton Share of the Seaton External Road Works, as the works are designed and constructed by the City, in accordance with invoices or progress certificates approved by the City Director of Engineering and Public Works, provided that the maximum contribution required to be made by the SLG, in the aggregate, for the Seaton External Road Works shall be capped at the amount equal to the estimated cost of $3,640,000.00 attributed to the subject projects as set out in Schedule "D-2", subject to adjustment of the unpaid balance compounded on an annual basis in accordance with the lesser of: (i) the construction price index applied by the City to its City-wide DC for roads from time to time, ~nd (ii) an annual index rate of 10%, from the date of this Agreement until the date bf payment. The parties agree that the Province's share of the Seaton Share of such costs shall not· exceed $1,723,540 subject to the indexing described above. For greater certainty, the SLG will not be responsible for 7 60 61 the component of the capital costs of the Seaton External Road Works attributable to ."Benefit to Existing/Post Period Benefit" as shown in Schedule "D-2". 4.3 The City will be responsible for the capital costs of the Seaton External, Road Works attributable to exemptions from the payment of DCs in respect of schools and City and Regional facilities. Prior to the issuance of a Building Permit for any school or any City or Regional facility that would be exempt from the payment of DCs pursuant to the DC Act, the City shall pay to the SLG Trustee (for distribution to the SLG) an amount equal to the share of such costs attributable to such school, or City or Regional facility, calculated in a manner consistent with the manner in which the attribution of costs would be determined in the background study for the calculation of DCs. Exemption of Seaton from Roads DC 4.4 No DCs relating to new roads or improvements to existing roads, will be imposed by the City: (a) against any non-residential uses in Seaton until development of 18,050,000 square feet GFA of non-residential development in Seaton; or (b) against any residential uses until residential development of 18,887 SDEs in Seaton. For greater certai~ty, any DC By-law enacted by the City shall exempt :;eaton from the payment of any DC relating to new roads or improvements to existing roads (including related infrastructure such as bridges, culverts, sidewalks, trails, streetscaping, streetlighting, signalization and management of stormwater within roads), provided that a DC relating to capital costs of transportation facilities,· operations, vehicles and equipment may apply. to Seaton. 4.5 In the event that, for any reason, the City imposes a DC By-law in contravention of Section 4.4, then the City shall, upon any receipt of payment of any DC paid pursuant to such DC By-law, forthwith reimburse the full amount paid to such owner of lands in Seaton. ARTICLES . OTHER SPL CONTRIBUTIONS 10% Statutory Deduction 8 5.1 The SPL will provide funding to the City in respect of the development of the SPL Lands in an amount equivalent to the amount by which the City's DC is reduced as a result of the 10% reduction in the capital costs funded by the DC that is attributable to the development of the SPL Lands pursuant to paragraph 5(1)8 of the DC Act, calculated and paid in accordance with· Sections 5.2 to 5.5 below (the "10% Contribution"). 5.2 The 10% Contribution will be determined based on ·11.11% of the DCs payable on Soft Services by SPL under the City-wide DC By-law. 5.3 The 10% Contribution will be determined prior to the registration of the first plan of subdivision on the SPL Lands based on the calculations in the background· study for the first DC By-law review undertaken by the City following the date of this Agreement. The 10% Contribution will be indexed from time to time in accordance with the construction price index prescribed by the DC Act, but shall not be subject to any other increase or adjustment. 5.4 The 10% Contribution will be calculated and payable on the following basis: (a) calculated ori an SDE basis and payable at the time of plan of subdivision registration for residential developmen:t on the SPL Lands, except for residential development on mixed-use or multi-residential development blocks subject to site plan approval under section 41 of the Planning Act; (b) calculated on an SDE basis and payable at the time of building permit issuance for all residential development on the SPL Lands within a mixed-use or multi-residential development block subject to site plan approval under section 41 of the Planning Act; (c) calculated on a gross floor area basis and payable at the time of Building Permit issuance for all non-residential development on the SPL Lands; and (d) it shall continue to be indexed and paid following expiry or repeal of the City-wide DC By-law until full build-out of all of the non- residential development on the SPL Lands and development of the first 11,280 SDEs constructed on the SPLLands. 5.5 The ·Province will not provide any contribution to the City on account of the 10% Contribution. 5.6 In the event of any substantial amendment to the DC Act subsequent to the execution of this Agreement, the SPL and the City agree that they shall 9 62 63 renegotiate the applicable terms of this Agreement in good faith to the extent necessary to ensure that the amount of financial support provided by the SPL as at the date of execution of this Agreement will neither increase nor decrease by virtue of such amendment to the DC Act. Municipal Administration Buildings 5.7 The SPL will provide funding to the City for construction and/or upgrades to municipal administration buildings. Such funding will be calculated and provided on an SDE b.asis for the first 11,280 SDEs constructed on the SPL Lands in the fixed amount of $189.00 per SDE. This payment shall be made for each residential unit on the SPL Lands prior to the issuance of a Building Permit for the subject unit. Such contributions shall not be subject to any adjustment, including for indexing, interest or inflation. Additional Community Use Payment · 5.8. The SPL will provide funding to the City for additional community uses in Seaton. Such funding will be calculated and provided on an SDE basis for the first 11i280 SDEs constructed on the SPL Lands in the fixed amount of $300.00 per SDE (to a maximum aggregate amount of $3,300,000.00). This · payment shall be made for each residential unit on the SPL Lands prior to the issuance of a Building Permit for the subject unit. Such contributions shall not be subjectto any adjustment, including for indexing, interest or inflation. DC Exemption for Public and Separate Schools 5.9 The SPL will provide funding to the City in respect of the development of the SPL Lands in an amount equivalent to the amount by which the City's DC revenues for Soft Services and Fire are reduced as a result of the exemption for public and separate schools. Such funding will be calculated based on the DC rate applicable at the time of payment. This payment shall be made upon the issuance of a Building Permit for each school on the SPL Lands. ARTICLE 6 CITY-WIDE DEVELOPMENT CHARGES 6.1 The City has enacted a City-wide DC By-law that includes Seaton in the City- wide DC for all se-rvices except for new roads or improvements to existing roads as described in Section 4.4. 6.2 The DCs payable by Seaton in respect of storm drainage and management works shall be at a rate not to exceed: 10 (a) $400.00 per SDE for residential units; (b) $6,000.00 per hectare for non-residential development on lands designated as Prestige Employment Land on the Land Use Plan in the CPDP; and (c) $0.17 per square foot for non-residential' development on lands not designated as Prestige Employment Land on the Land Use Plan in the CPDP, subject to adjustment of such amounts on an annual basis in accordance with the construction price index applied by the City to· its City-wide storm drainage and management works DC from time to time from the date of this Agreement until the date such DC is paid. 6.3 Prov.ided that the City-wide DC By-law, or any successor DC By-law, reflects the terms of Section 6.2, the SPL agree not to object to, appeal or challenge the City-wide DC By-law, or any successor DC By-law, as they relate to the DC for storm drainage and management works. 6.4 The City will include in the calculation of the DC for development-related capital studies in the City-wide DC By-law the capital costs to be incurred by the City for: (a) the Whitevale Traffic Management Study to a maximum of $75,000.00; and (b) the Seaton Fiscal Impact Peer Review Update Study to a maximum of $125,000.00. 6.5 The parties acknowledge and agree that for the Lands designated as Prestige Employment Lands on the Land Use Plan in the CPDP, the City-wide . Development Charge By-law has used a land area basis as opposed to a total floor area basis to calculate the applicable Development Charges for such Lands. ARTICLE 7 COST SHARING CONDITIONS 7.1 The City agrees that it will be a condition of approval of all plans of subdivision, consent and plans of condominium that no registration of a plan of subdivision, conveyance or condominium in Seaton shall be permitted unless the SLG Trustee confirms in writing to the City that the subject 11 64 65 landowner is in good standing pursuant to this Agreement and the Seaton Cost Sharing Agreement. ARTICLE 8 OTHER MATTERS 8.1 Forthwith upon the OMB issuing an order granting final draft plan approval · of its plan of subdivision, draft plan conditions and the zoning by-law respecting ttie Seaton lands, any individual member in the SPL that has filed an appeal to the OMB in respect of fees for the processing· of planning applications that were paid to the City prior to the date of this Agreement or fees related to the review of the MESPA that were paid to the City prior to the date of this Agreement will withdraw such appeal: 8.2 The City agrees that the SLG shall not be required to update the Fiscal Impact Study for Seaton. 8.3 The City will transfer for nominal consideration as the SPL may direct, any road allowance in Seaton that is currently owned by the City that is to be used for the Seaton road network or proposed to be used by SPL for development purposes, whether such road allowance is inside or outside the Seaton Natural Heritage System. 8.4 The City agrees to transfer to· the Province for nominal consideration approximately 74 acres of r~ad allowances in Seaton currently owned by the City but not required for road purposes. Approximately 30 acres of these road allowances are land to be used by the Province for development purposes and the other approximately 44 acres are located in the Natural Heritage System 8.5 Subject to all required approvals, the Province will agree to grant an irrevocable easement in perpetuity to the City as required for storinwater management works in the Seaton Natural t-Jeritage System. The precise size and location of such stormwater management works will be determined by the agreement of the Province and the City acting reasonably. The City agrees that it will accept an irrevocable easement in perpetuity to allow the maintenance of any stormwater management works located in the Seaton Natural Heritage System on terms satisfactory to the City Solicitor, and will not require a conveyance of the lands containing such works. 8.6 Subject to all required approvals, the Province, in return for the conveyance of road allowances set out under Section 8.4 will agree to transfer to the City, for nominal consideration, not less than approximately 90 acres of land for municipal .purposes. The land to be transferred is as shown on . the 12 Neighbourhood 21 land Use Schedule (being Schedule XII to the City's Official Plan) and being generally located north of Hamlet of.Green River and west of Sideline 32, Schedule "E" is a map showing the approximate location of the land to be transferred to the City by the Province coloured in green. The precise area and location of the land will be determined by the agreement of the Province and the City acting reasonably. The City agrees that it will pay its proportionate share of the front-ending costs of Regional infrastructure . (for water and wastewater) attributable to the above described lands, provided however that the service level with respect to the above described lands is to be determined by the City, in its sole discretion. For the purpose of clarification, the City shall not be obligated to pay any costs referred to in this section unless it connects the above described lands to a service or services to which those costs relate. 8.7 Subject to all required approvals, the Province, in return for the conveyance of road allowances set out under Section 8.4 will agree to transfer an irrevocable easement in perpetuity tq the City, for nominal consideration, of approximately 10 acres for municipal purposes, on terms to be agreed upon by the City and the Province acting reasonably. The land to be included in the above described easement is outlined in red on Schedule 'T' hereto. If the Province does not obtain all required approvals to convey an easement as described above then the Province and the City agree to enter into discussions to provide for the conveyance of all or part of Part 1 on Plan 40R- 25009to the City, however not including any lands that contain historical or archaeological sites plus any required set-back, subject to the Province receiving all required approvals, in lieu of the above described easement. 8.8 The parties acknowledge and agree that the lands identified· as Park and Village Green blocks on the draft plans of subdivision that were submitted to the OMB at the hearing on Monday, September 9, 2013, the lands identified as Community Park, Neighbourhood Park and Village Green on the Neighbourhood Plans for lands in Seaton in respect of which applications for draft plan approval have not been submitted (provided that such parks shall reflect the sizes shown on the Neighbourhood Plans) will collectively provide for sufficient land to fulfill all of the requirements for the conveyance of land for parks or public recreational purposes pursuant to sections 42 and/or 51.1 of the Planning Act for the development of all lands in Seaton for non- residential purposes and for residential purposes up to 18,887 SDEs. Notwithstanding the foregoing, where the Planning Act permits the taking of further parkland, or cash in lieu thereof, as a result of change of uses or further intensification, said provisions of the Planning Act shall apply in respect to residential development beyond the construction of 18,887 SDEs. 13 66 67 8.9 The parties agree that if the Province sells any of its lands within Seaton then its successor in title is to be treated as an SPL, except as otherwise provided for herein, and further that all of the funding obligations of the Province set forth herein will be adjusted accordingly such that all funding obligations associated with land in Seaton sold by the Province shall be assumed by the purchaser of such ·land, provided however that the Province's obligation at Sections 8.6 and 8.7 will not pass to any successor in title. in the event of a sale by the Province of any of its lands within Seaton, the obligations set out. in Sections 5.1, 5.7, 5.8 and 5.9 will not apply to any successor in title to the land sold by the Province. ARTICLE9 GENERAL PROVISIONS 9.1 This Agreement, the schedules referred to herein constitute the entire agreement between the parties hereto as relates to the .matters referred to herein, and supersedes all prior agreements, representations, reports, recommendations, statements, promises, information, arrangements and understandings, whether oral or written, express or implied, with respect to the subject matter of this Agreement. None of the parties hereto shall be bound by or charged with any oral or written agreements, representations, reports, recommendations, warranties, statements, promises, information, arrangements or understandings, as relates to the matters· referred to herein, not specifically set forth in this Agreement or in the schedules, documents and instruments to be delivered on or before the execution of this Agreement. There is no collateral agreement, condition or term applicable thereto, other than as expressed or referred to herein in writing. 9.2 The parties hereto may only amend this Agreement by further agreement in writing executed by all parties hereto. 9.3 Any-notices to be given under the terms of this Agreement shall be in writing and shall be given to the applicable party by personal service or by mailing by first class mail with postage fully prepaid or by facsimile at the number herein set forth in Schedule "F" provided that, where mailed, it shall be deemed to be received on the fifth Business Day foll<;>wing the date of mailing. 9.4 Time shall be of the essence of this Agreement and every part thereof. 9.5 Nothing herein contained shall be deemed or construed so as to make any of the parties hereto partners, joint venturers or agents with or of one another. 14 9.6 This Agreement may be executed in counterparts; that is, it shall not be necessary for all of the parties to have signed the same copy hereof. Signed copies of any Agreement executed in counterpart shall be forwarded to the City who shall hold them in escrow, subject to recall, until the City has received copies signed by all parties hereto. Upon receipt by the City of all executed counterparts, a binding Agreement shall be constituted among all the parties hereto and the City shall advise all parties accordingly. 9.7 All references to currency in this agreement shall be references to Canadian dollars. 9.8 Words importing gender include all genders. · 9.9 The captions and headings contained herein are for reference only and in no way affect this Agreement or its interpretation. 9.10 In the event that any date specified or any date contemplated in this Agreement shall fall upon a day other than a Business Day, then such date shall be deemed to be the next following Business Day. 9.11 This Agreement shall be construed and enforced in accordance with the laws of the Province of Ontario and the laws of Canada applicable thereto and shall be treated in all respects as an Ontario contract. 9.12 The Agreement shall enure to the benefit of and shall be binding upon the parties and their respective heirs, successors and permitted assigns: 9.13 · Any successor in title to any party included within the SPL shall be bound by the terms of this Agreement as if it were an original signatory to this Agreement. Each party comprising the SPL acknowledges that the provisions of this Agreement run with title to their respective lands within Seaton, and each party, including the Province, covenants not to sell, transfer or otherwise alienate any of its lands within Seaton unless the transferee agrees to. be bound by the terms of this Agreement, providing, however, that this provision shall not apply to the purchasers of individual lots which are sold with dwellings erected thereon. Any agreement of purchase and sale entered into by any party included within 'the SLG shall require that, as a condition to the completion of the transaction, the purchaser shall execute an agreement that it shall be bound by the provisions of this Agreement. 15 68 69 9.14 This Agreement shall be registered against title to all lands in Seaton owned by the SLGforthwith upon its execution by all parties. 9.15 The SLG shall execute such further assurances as may be reasonably necessary to give effect to this Agreement. [REMAINDER OF THIS PAGE LEFT BLANK INTENTIONALLY] 16 IN WITNESS WHEREOF the parties hereto have hereunto affixed their corporate seals under the hands of their duly authorized officers in that behalt and the other parties have hereunto set their hands and seals as of the day, month and year first above written. THE CORPORATION OF THE CITY OF PICKERING Mayor Clerk We have authority to .bind the City. HER MAJESTY THE QUEEN in right of Ontario as represented by the Minister of Economic Development, Employment and Infrastructure as represented by Ontario Infrastructure and Lands Corporation Per: Name: Title: Per: Name: Title: 1/We h;:~ve authority to bind the Corporation. 17 · 1133373 ONTARIO INCORPORATED Per: Name: Title: Per: Name: Title: 1/We have authority to bind the Corporation. LEBOVIC ENTERPRISES LIMITED Per: . Name: Title: Per: Name: Title: 1/We have authority to bind the Corporation. AFFILIATED REALTY CORPORATION LIMITED Per: Name: Title: Per: Name: Title: 1/We have authority to bind the Corporation. 18 71 CHESTERMERE INVESTMENTS LIMITED Per: Name: Title:. Per: Name: Title: 1/We have authority to bind the Corporation. HUNLEY HOMES LIMITED Per: Name: Title: Per: Name: Title:' 1/We have authority to bind the Corporation. 1350557 ONTARIO LIMITED Per: Name: Title: Per: Name: Title: 1/We have authority to bind the Corporation. 19 72 73 ZAVALA DEVELOPMENTS INC. Per: Name: Title: Per: Name: Title: 1/We have authority to bind the Corporation. ZAVALA DEVELOPMENTS INC., in Trust Per: . Per: Name: Title: Name:, Title: 1/We have authority to bind the Corporation. MATT AMY (SEATON} LIMITED Per: Name: Title: Per: Name: Title: 1/We have authority to bind the Corporation. 20 WHITE SUN DEVELOPMENTS liMITED Per: Name: Title: Per: Name: Title: 1/YV_e have authority to bind the Corporation. 21 74 75 Schedule "A" Plan Depicting Ownerships in Seaton Schedule "B" Plan Depicting Seaton Phase 1 Schedule "C" Single Detached Equivalent Unit Factors Schedule "D-1" Seaton Internal Road Works Schedule 11D-2" Seaton External Road Works S<;hedule "D-3" Regional Road Enhancements Schedule "F" Map of Park Lands Schedule "E" · Notice Particulars 22 SCHEDULE "C" SINGLE DETACHED EQUIVALENT UNIT FACTORS Unit Type SDE Factor Low Density 1.0 Medium Density 0.793 High Density 0.457 78 SCH~DULE "D-1" -SEATON INTERNAL ROAD WORKS- Timing Gross Capital Cost Prj. No. PROJECT (year) Estimate ($) 16 Sideline 24 Oversizing 2018 2,240,000 17 . Sideline 24 Within NHS 2018 2,300,000 18 New Structures for Sideline 24 2018 3,100,000 19 Oversizing E-W Collector-SL 22 and 26 north of Taunton 2024 770,000 20 E-W Collector SL 22 and 26 north ofTaunton with NHS 2024 460,000 21 Structures on E-W Collector north ofTaunton 2024 800,000 New-3 Mulberry Lane Collector-(i.e. Road XI) -930 m 2016 651,000 New-4 Oversizing Fifth Concession Road, Brock Road to SL 16 2015 580,000 22 Oversizing Collector-SL 26 to Whitevale Bypass 2017 1,015,000 23 Collector-SL 26 to White Bypass within NHS 2017 805,000 24 New Structure for Collector-SL 26 to Whitevale Bypass 2017 1,000,000 25 Oversizing E-W Collector-North Rd to Whitevale 2022 2,695,000 26 E-W Collector within NHS 2022 . 1,265,000 27 New Structures for above 2022 8,500,000 28 Oversizing Collector-above road to Whitevale Bypass 2015 630,000 29 Oversizing new road on existing Brock north of 3rd 2015 840,000 Internal Seaton Roads Sub-total 27,651,000 6257991 79 SCHEDULE "D-2"-SEATON EXTERNAL ROAD WORKS DC Recoverable · Gross Benefit to Existing Prj. Timing Capital Cost /Post Period Capacity No. Project (year) Estimate % Total Seaton Share ($) ($) (%) ($) (%) External Roads 1 Sideline 16 (North & South) 2018 3,200,000 . 160;000 5% 3,040,000 95% 2 Valley Farm Rd Intersection 2016 800,000 200,000 25% 600,000 75% Improvements -2 intersections including signalization External Roads Sub-total 4,000,000 360,000 9% 3,640,000 91% CD 6257691 0 SCHEDULE "D-3" -REGIONAL ROAD ENHANCEMENTS Prj. Timing Gross Capital Cost No. Project (year) Estimate ($) Regional Road Enhancements 9 Sidewalks and Str-eetlighting on Taunton 2018 1,748,000 10 a) Sidewalks and Streetlighting on Brock-from 5th Cone. to 407 2013 608,000 10 b)· Sidewalks and Streetlighting on Brock-from Taunton to 5th Cone. 2017 760,000 11 Sidewalks and Streetlighting on SL22 2018 2,584,000 12 Sidewalks and Streetlighting on SL26 2015 1,368,000 13 Sidewalks and Streetlighting on Whitevale Bypass 2018 2,204,000 14 Sidewalks and Streetlighting ori S Side of Hwy 7 2020 1,159,000 15 Trails on Regional Roads 2018 2,897,500 Regional Roads Enhancements Sub-total 13,328,500 6257691 81 SCHEDULE "E" NOTICE PARTICULARS TO THE CITY AS FOLLOWS: City of Pickering One The Esplanade. Pickering ON L1 V 6K7 Facsimile: (905} 420-3534 Attention: . City Solicitor Attention: City Clerk TO THE SLG AS FOLLOWS: North Pickering Community Management Inc. 30 Madras Place . Brampton, ON L6S 2Z2 Facsimile: (905} 458-9480 Attention: Mr. Andrew Orr Davies Howe Partners LLP 99 Spadina Avenue, 5th Floor Toronto ON MSV 3P8 Attention: Mr. Daniel Steinberg and Mr. John Alati 1133373 Ontario Incorporated c/o Lebovic Enterprises Limited 12045 McCowan Road, Box 1250 Stouffville ON L4A 8A2 Facsimile: (905} 640-7369 Attention: Mr. Lloyd Cherniak Lebovic Enterprises Limited 12045 McCowan Road, Box 1250 Stouffville 0 N L4A 8A2 Facsimile: (905} 640-7369 Attention: . Mr. Lloyd Cherniak 82 83 with a copy to: WeirFoulds LLP 4100-66 Wellington Street West PO Box 35, Toronto-Dominion Centre Toronto ON M5K 1B7 Facsimile: (416) 365-1876 Attention: Mr. Michael McQuaid Affiliated Realty Corporation Limited c/o Masters and Masters 65 Queen Street West, Suite 440 Toronto, ON M5H 2M5 Facsimile: (416) 361-6181 Attention: Mr. Robert Masters and Mr. Russell Masters Chestermere Investments Limited c/o Robins, Appleby & Taub LLP Barristers and Solicitors 120 Adelaide Street West, Suite 2600 Toronto, Ontario M5H 1T1 Facsimile: (416) 868-0306 Attention: Mr. Ronald Appleby Hunley Homes Limited c/o Metrus Developments Inc. 1700 Langstaff Road, Suite 2003 Concord ON L4K 3S3 Facsimile: (905) 669-2134 Attention: . Mr. Bruce Fischer 1350557 Ontario Limited c/o Brookfield Homes 7303 Warden Avenue, Suite 100 Markham ON L3R 5Y6 Facsimile: (905) 477-9001 Attention: Mr. Peter Nesbitt Zavala Developments Inc. c/o Metrus Developments Inc. 1700 Langstaff Road, Suite 2003 Concord ON L4K 3S3 Facsimile: (905) 669-2134 Attention: Mr. Bruce Fischer. Matta my {Seaton) Limited cfo The Mattamy Development Company 206-140 Renfrew Drive Markham ON M1X 1Al Facsimile: (905) 829-7844 Attention: Gary Gregoris White Sun Developments Limited 4576 Yonge St. · Suite 500 Toronto, ON. M2N 6N4 Attention: Mr. Robert Yanowski with a copy to: Harris, Sheaffer LLP Suite 610, 4100 Yonge St. · Toronto, ON M2P 2B5 Attention: Mr. Robert Sheaffer Ontario Infrastructure and Lands Corporation 1 Dundas Street West, Suite 2000 Toronto, ON M5G 2LS Facsimile: (416) 327-3942 Attention: Mr. Graham Martin, General Manager, Acquisition/Easements 84 85 with a copy to: Chappell Partners LLP 20 Queen Street West, Suite 33iO Toronto ON MSH 3R3 Facsimile: . (416) 351-0002 Attention: Mr. David Flynn 86 88 \. Report CAO 05-13 October 28, 2013 Subject: Seaton -Financial Impacts Agreement Page 2 . . also anticipated that the FIA will remove the near~term negative cash flow problem originally identified in the Fiscal Impact Study. Financial Implications: The development charges which the City is permitted to collect pursuant to the Development Charges Act are insuffici~nt to fund the construction of the infrastructure necessary to service Seaton. The City's Fiscal Impact Study concluded that the development of Seaton through 20~1 would yield a cumulative surplus of$4.4 million over the cqst of constructing and operating the infrastructure necessary to service Seaton. This meant that the financial burden of servicing Seaton had been dealt with. Staff were not satisfied with this result, however, because of the very long term over which the financiql requirements of Seaton must be met. The Fiscal Impact Study is, of necessity, a long-term forecast based on estimates_ and assumptions regarding the City's revenues and expenses through to 2031. Because it is impossible to be certain of the City-is financial needs over such a long period of time, staff sought out additional financial support to increase the surplus so as to accommodate possible future changes to the City's financial position. Based upon the Fiscal Impact Study prepared for the City by Watson & Associates Economists Ltd., it is anticipated that the FIA will yield a cumulative surplus to the City of approximately .$18.5 million as at 2031 over and above the cost of constructing and -operating the infrastructure necessary to service Seaton. It is also anticipated that the FIA will remove the near-term negative cash flow· problem originally id~ntified in the Fiscal Impact Study. · · · · Discussion: On April22, 2013, Council authorized staff to conduct dis~ussions with the Seaton landowners to prepare a Memorandum of Understa'nding to ensurE? that the development of Seaton does not create ? financial burden on the City, and to address the financial issues identified in the Fiscal Impact Study. Since then, City staff have, with the assistance of outsjde legal and economic advisers, engaged in numerous d·iscussions with the Seaton landowners, concernir:tg the financial impact of the development of Seaton. · . ) On July 24 arid August 7; 2013, the OMB presided over mediation sessions attended by · representativ_es of the City, the Province and the landowners. The m~diation sessions were required by the OMB to determine if it was possible to reac~ a settlement concerning tbe finanGial issues arising from the lahdowners' OMB appeals. After the mediation sessions, the parties negotiated proposed settlement terms regarding the outstanding financial issues. · · On September 3; 2013, City staff a·nd outside solicitor, Quinto Annibale (loopstra Nixon LLP), updated Council with respect to. the reswlts of the mediation an.d the proposed settlewent terms. Council approved in principle the settlement terms and authorized staff to finalize an Agreement ~th the. landowners regarding the financial issues. Since then, staff have negotiated the terms of that Agreement witli the Seaton land()wners. _ The Financial Impacts Agreement (the "FIA'') is the result of those neg_otiations. The Report CAO 05-13 October 28, 2013 Subject: Seaton-Financial.lmpacts Agreement Page 3 draft FlA is included in this report as Attachment 1. The provisions of the draft FIA are satisfactory to City staff and to the City's outside legal and economic advisors, and implement the settlement terms agreed to in principle -by Council on September 3. The key provisions of the FIA are summarized below: · Article 4: sets out the obligations of the landowners to design; build and pay for both the Seaton internal roads network and the enhance.ments to the Regional roads s-ervicing Seaton. The landowners have also _agreed to fund their share of the cost of Seaton external road works as they are constructed by the City. B'ecause the landowners have agreed to pay for the Seaton internal roads. network, they will not be required to pay roads-related development charges. This exemption from the City's road-related development charge must be incorporate into the City's Development · Charge By-laws. · Article 5:-sets out the volurita:ry financial contributions which the landowners have agreed to make. The voluntary contributions consist of: (a) payment of a·"10% Contribution" to compensate the City for the 10% statutory deduction imposed by the Development Charges Act, (b) payment of $189 per unit to fund construction or upgrades of municipal administration buildings, (c) payment of $300 per unit for additional community uses and (d) an additional payment equal to the amount by which the City's development charge revenues for soft services and fire services' are reduced as a result of the exemption in the Development Charges ACt for public and separate schools. Article 6: requires the Seaton landowners to pay the City-wide development charge for all services except new roads or improvements to' existing roads (per Article 4 above). In addition to constructing at their own expense the storm water management ponds and facilities required to service Seaton, the landowners have agreed to pay the city- wide: development charge for stqrm drainage and managementworks. The development charges payable by the landowners for storm drainage and management works are fixed in the FIA subject to indexing for inflation. Article 9: contains general contract provisions which require that the FIA be registered against title to the Seaton lands and that it be binding upon the landowners' successors in title. Attachments: 1. Draft Financial Impacts Agreement . 89 ATTA'-...-tENT# I TO REPORT# CAD FINANCIAL IMPACTS AGREEMENT" j .of. drs-o~>-t3 SEATON LANDOWNERS GROUP AND CITY OF PICKERING THIS AGREEMENT is made this+ day of+, 2013. , BETWEEN: THE CORPORATION OF THE CITY OF PICKERING (hereinafter referred to as the "City'') OF THE FIRST PART and HER MAJESTY THE QUEEN in Right of Ontario as represented by the Minister of Infrastructure as represented by Ontario Infrastructure and Lands Corporation (hereinafter referred to as the "Province"} RECITALS: OF THE SECOND PART and 1133373 ONTARIO INCORPORATED, LEBOVIC ENTERPRISES LIMITED, AFFILIATED REALTY CORPORATION LIMITED, CHESTERMERE INVESTMENTS LIMITED, HUNLEY HOMES LIMITED, 1350557 ONTARIO LIMITED, ZAVALA DEVELOPMENTS INC., ZAVALA DEVELOPMENTS INC., in· Trust, . MATT AMY {SEATON} LIMITED, and WHITE SUN DEVELOPMENTS LIMITED (hereinafter collectively referred to as the "SPL") OFTHETHIRD PART A. The Province and the SPL (individually} are owners of land in the City of Pickering in the Regional Municipality of Durham in the Province of Ontario that is located in an area known as the "Seaton Community" or ''Seaton", as depicted on Schedule "A" (the "Lands"). B. The .Seaton Community is a development area ·subject to the Central Pickering Development Plan, which was prepared and approved by the Minister ot'Municipal Affairs and Housing pursuant to the Ontario Planning and Development Act, 1994, ~.0. 1994, c. 23, and came into effect by Provincial Order-in-Council dated May 3, 2006, and amended·on June 6, 2012 ~e~D~ · - C. The Province and the SPL are collectively referred to as the ''SLG". ' ·D. The City and the SLG have entered into this Agreement for the purpose of confirming arrangements pertainfng to the financing and construction of City infrastructure and other related matters affecting the development of the Seaton Community. 91 92 E. A.-' -1-fMENT#-=--/_TQ REPORT#c_.b(O .· ~ .of. as- The City was authorized by Council to execute this Agreement on October 28, 2013. NOW THEREFORE, for good and valuable consideration, the sufficiency of which is hereby acknowledged, the PARTIES HEREBY COVENANT AND AGREE as follows; Definitions ARTICLE 1 INTERPRETATION · 1.1 In this Agreement and the attached Schedules, -the following words and expressions have the following meanings: (a) "10% Contribution" has the meaning described, in Section 5.1. (b) (c) (d) . (e) "Building Permit" means a building pe~:mit issued pursuant to the Building Code Act, 1992, S.O. 1992, r;:{ii3}i'as amended, .revised or consolidated from time to time am;l_:{~~)f~guiations thereto, and any successor legislation. ,1;i~:\[~:'i;'?')i~{\.,, "Business Day" means a day:b'i'~~r-thah SatJfd~y, Sunday or statutory ~~~~~~~~ii~~~~tt:=c:~~:~;~~he0:n~~ City, including Seat6h, al1tl'Which comeflnto effect in 2014. . . ··"'';;f,:.~<•.. 't{j;-;,. '"'!''';~f[i!{:ii'l'''o . '{\:i]r,~,i (f) "C.PP~lti~~:J;he meaning .9escr.ib¢oiJhJ~~cital 'B./' (g) t~~:'fleo""~l~*f~ '~1'1!? .-.)h)..'~-,,,,,_., "DC" 'rr(~~11~i~::g~y:~lPP.!J:lent ch:~:[~e" as that term is used in the DC Act . .. :•1~~~t~it=t;;;,;~~~i~f:~~~~~t~~k-~.. . '~:::::::I:%f~}~~~~r • :•· .•.:•:~tf~~~~;:i~~i~~r ~:tt.J .,('\iii· (i) "Dt<'Act" nieans the Develd.ff,meilt Charges Act, 1997, s.o. 1997, c. 27, ·:~·:'tii;.. as -~iffi~hde£''''P~vised or ~bh~oiidated from time to time and the '''i!f;·h'>· regulaii'~~~!~~~e;~W(~ZJtd any successo~ legislation. . (j)''·.:'~':;<'DC By-lawfmeans a by-law to impose DCs passed pursuant to the ';>Q~ Act and~e~~cted by C-ouncil. - (k) ::J~~'M;l:~g~~eans the Master Environmental Servici~g Plan Amen2fffi'ent dated July 2013 as required by Policy 1 of Section 4.6 Servicing of the CPDP and as filed with the City in July 2013. (I) "NFSSRs" means the Neighbourhood Functional Servicing and Stormwater Reports as required by Section 11.73 of Amendment No. 22 to the City's Official Plan. (m) _"OMB" means the Ontario Municipai-Bo?rd. (n) "Region" means the Regional Municipality of Durham. {o) ''Regional Road Enhancements" means the sidewalk, sti-eetlighting and trail works listed in Schedule "D-3", being works related to specific Regional roads internal to Seaton, as well. as the proposed extension of Rossland Road/Sl22 from Brock Road to the south limit of, Seaton (located external to Seaton). ATIACHMENT#----~/--T~UK I if CAD . ,of. a-.s os--/3 (p) 11SDE" means a single detached equivalent unit. (q) · 11Seaton" and 11Seaton Community" have the meanings described in Recital A. (r) 11Seaton Cost Sharing Agreement" means the agreement of the ~a me name dated July 18, 2007 entered into amongst members oftheSLG for the purpose of co-ordinating responsibilities related to dedication of land and construction of infrastructure in order to' facilitate the development of the Seaton Community, as amended1 restated or replaced from time to time. (s) 11Seaton External Road Works" means the City roads external to Seaton and associated road works listed. in Schedule //D-2". (t) (u) (vl (w) (x) "Seaton Internal Road Works" means the City ·roads internal to Seaton and associated road works listed in-Schedule uD-1". "Seaton Natural' Heritage Systern'f~~j~~.f:s the Natural Heritage System located within Seaton ,~,9gJ'if~~~f}:9,ed in City Official Plan Amendment No. 22. ~·· ~~; ·:;;-:·> ·':~)\ .. ·1~;~~J{ ~ '·?~~~~j~~;;;~> . . "Seaton Phase 1" meqiT.s'~;the first ph,ase of'·(!~yelopment of the Seaton Community, as d~p1'§i~.d on Schedule "B". '''<t;.l_ · (.,~~Wj}~_;_. ..A·~~k:... ·-:::<~~:·r·-~ "Seaton Share"-refers to the ··pftiRortfO'f{';'bf the total a'rriount of any i~:~::-!:-:~··.; . .,. • -~,.;:;:,;~:::;.:;:~:;f::::~:·' ' '•.!J-:·i;; cost related to~~;'t~;~.i'-~-~aton Extetij~l:'Road Works that is payable pursuant to the "t~f{f\V§fx~Dis Agree'M.~nt by the SLG, in accordance with the percentages,set ·aufin Schedule.:;:D,-.2". _,·%'-"~~D4:· ,, \(~:~},-:. . ., ::•::t~.j jl;:b\:,,._ -~~\t~i<1,_ 11~l.§~S~iri~~jl?,. the SPL ~.Q.cl th .•. ~viQ¢.~.:~nd irii:ludes their respective :s9~~~~sors:'f~~!~ding sJ~p'e m tftfi'tP.,.the Lands, and permitted ,JO;:\Ytfil!~:~~~J~~49~'t":~~~ces thot "e, " of the dote of this ,._;;:;,~$~~:' ' ·· · ·-~'Agt.eement{~.~l,l_bject t0tl:j~,i1Q%:deduction under Section 5(1)8 of the 'if~~'(~L, ~::;il\tl:~1~li~iog ::bed on poge 1 of this Agceement ond · '.::::;;, includes tR~i,succes;'C5"fs, including successo~s in title to Lands owned --~'·!(;py the SPL)~'k of the date of this Agreement (the 11SPL Lands"), and -~~[P)ittecd~ik1gns of every corporation, partnership or other legal pe'f~~2~{~fPPrising the SPL (aa) 11SSIS'1 means the Seaton Staged S~rvidng and lmpl~mentation Strategy dated December 2011, revised May 2013. Schedules 1.2 The schedules referred to in this Agree.ment, as same may be amended from· time to time by further agreement of the parties in accordance with the principles contained in this Agreement, shall be deemed to form part hereof. The schedl1les to this Agreement are as follows: ' Schedule 11A'' Schedule_11B" Schedule IIC' Schedule 11D-1'' Schedule 11D-2" Schedule 11D-3" Plan Depicting Ownerships in Seaton Plan Depicting Seaton Phase 1_ Single Detached Equivalent Unit Factors Seaton Internal Road Works Seaton External Road Works Regional Road Enhancements 93 94 Schedule "E" AlTAl Notij:e Particulars ARTICLE 2 CONDITIONS PRECEDENT .;NT# I TO REPORT# ~ y-.of. 8--~ os---t3 2-.1 Subject to Section 2.3, the covenants of the SLG as set out in Article 4 and Article 5 are subject to the following conditions precedent first being ac~·ieved by the following dates indicated: (a) (b) . (c) (d) (e) On or before October 31, 2013, the City will provide evidence to the OMB supporting the final approval of the draft· plans of subdivision, draft plan conditions, and zoning by-law for. the Seaton lands, together with a request that the OMB. issue an order granting final approval of such plans of· subdivision, draft pla11 conditions and zoning by-law by October 31, 2013 or as soon as reasonably practicable thereafter; .. d)j:!f%t On or before June 30, 2014, the Cou6.€\f~fthe City shall have enacted :: :::~:: ::n:~:~~O!§i~~;!,:~i~~ttQ~ta;n,d oil "q"k'd approvals with regards .d~Hfie terms of this ·A~f:~~ment, including transfers and conveyanceti!f~rred to in Sections i~'~t~:hfl 8.5; on or before J~/,~t~9· 2014,·:~~,~~:h:~,D_~;'f~~ Province ~~~~?,~xecuted a binding agreerri~n:f;o:t~greements·wJijch are in force providing for the . '.;.::;~~;\ ·.:_:;:.7_~;;:_;:_,:.. . • "'·~::·~~g:... sharing of costs t6.!:>_e'inc;vrred pursuanf:tQ this Agreement; and On_.8[dt$~t~:e jun:~~2i:~::'~;~J?~t~~~;~~;;,":!~~~~g2t ~nding agreements re_Mj[.€i'd tg;,;j:~? enterei:fj()to b~ty.;ieeij'tb.e Region and the SLG for the .,~:;::,;..;~~n-·t-·O:;,·::.;;l-J~· ·~ .~:;:·.;... . .. ·;::::.0:.t~~7 ':;~~~: ~~-~-;-;':/:: ... '9,~g~lopmen(p\~,seaton ·p·%~~i}-;to the :Sa~,isfaction of the Region and the~k~· have',8,~en fully ex¢.,s8ted . ... --.~·\r.,.~~-, ·~;:~~fJ.~~h; .. .;~~~}lNifi~~:.::;~,:~~-, · -.;;_~f~t~:~ . 2.2 .~.-~@Ib.~:::j:i.~,!);jes agr~~)t<;l~Wofk::~'l,~l:lg:~~tly';~n£! in good faith and to do all things c:iif:~:!:W~'tea~oWi36f.~w£ces'§'~~to satisiY''lfi~:i:;gdR'ditions precedent set out in Section '<tJ.\ .. 2.1 on or befgt~,the ·d~t~~ provided for therein. -:-:~::~w;~?:~~ ·-~::%~~~}i~~}:.:... 'i;~~~~i.Y-. 2.3 ·nn\the event that:any of tne\conditions precedent described in Section 2.1 -~:::~::,::~'~!.-·. ·-:~-::';::; "..(.-:;.~ . 2.4 has:fnot been achieved on or'before the dates provided for therein, then the -:..t.i-;::?.~-. ~~;f·-~:~:. ' • SLG sh~I,t~ave the,~gJ;e discretion to extend the time for the fulfillment of any such co'Ht@_qn by;P.:t:9viding written notice to the City from the SLG Trustee. . ·~~:!~~~~~{:~_:fJ.=~i{:~~J '. If any of the<cqnditions precedent described in Section 2.1 have not been achieved on or before the date provided for therein and the SLG has not, prior to such date, provided the City with notice of an extension as described in Section 2.3, then, as of such applicable date, this Agreement shall immediately terminate and be at an end, and each party shall be wholly released and forever discharged from all covenants and. requirements provided for herein .. 2.5 The SLG shall not be entitled to waive conditio.ns 2.1(c), (d) and (e) without the City's consent. - 2.6 The zoning by-law referred to at S,ection 2.1(a) shall not contain a11y holdi,ng provisions i11-relation to the financial issues. Al.I"\CHMENT#_._(_TQ REPORT#(},AD S .of. :;:;--s--CG ~;~ 3.1 ARTICLE 3 SEATON PHASE 1 The City agrees that Seaton Phase 1 will be comprised of the area depicted on Schedule ,B" and will be subject to a maximum total residential unit count of 9,800 SDEs as well as the lands designated Pres:tige Employment pursuant to the CPDP as depicted on Draft Pian of Subdivision SP-2011-03. ·The parties agree that the Single Detached Equivalent Unit Factors set out in Scheduie 11C" shall be used .to calculate the number of SOEs within any development in Seaton. 3.2 Where payments are made oh an SDE basis pursuant to this Agreement, the am.ount payable for each dwelling unit will be calculated based on unit type in accordance with the SDE unit factors set out in Schedule.11C". 3.3 The City acknowledges that it is satisfied .J@~~~;~~d accepts the SSIS in principle as submitted by the SLG, dated D$f~J.;Q)?,er 2011, revised May 2013. . . '~f~Wy· .. ,,\~\~> .·. . . ARTICLE;4 ·· .. ,, ,.,. ROADS AND EN·H··'''A<·::-:N'''''c;. EMENTS '·<>:· -:·~:::;;·::: ~UNDING A~~l~~~~STRUCTI~N ·;:\~Jjj:;~i\;!\. SLG funding and construc;tion of Seaton lnte[iJ,9,1 Roaf!}Xgrks ·:,::~;> ::d "'~::a:,:·:~~:·~~::1t\Wk~~' ::*~{f:: <ole "''"":~d to the s'atisfaction · of the City, t~~ s-ei'af§:r.:r,,)rlternar<;aq?d Works· as set out in Schedule 110.;;-l/,1~;,, The SLG ·w:fll also ··=a~s( n .. and eti'fiStruct a·t the SLG' s sole . ·expense.;{:~~)~g'~'fR~,:~.?.tisfacti6f{}gf t~~,:::~· .,??tf.t~:;8,~gldg~l Road Enhancements as set ~ti£?}'i-t SchecrlJ'l~., 11D-3". :·sqcJ:ff.YJor s wrft'!generally be constructed as adjacent1:'a'~y€;lopmJ[t proceed~t'~\W,ith defaih~d requirements respecting . .-;;/.'.""!: l·.·,r;~.·· ·.-.%~.-;· . c.l~~,ign and''c-0..9.~~ry¢J[gp;-, jndudiniftti,rning, set out in future servicing or· A:f~i1i.t$~~lfiY!~:t1it~~-~~:~:~~~~'5gtW~~~ttl%:;, .. ~u~ and the City. SL.Cl.J~nding for Seatfjg:fxtef~~!.J!oad WorkS 4.~ ''%:~fh~. SLG will ;';~~:9,,~ f~·~i~lWg,1o the City for the Seaton Share of the Seaton E;k't~}nal Road Wo~@., as the--Cvorks are desig('led and constructed by the City, in a'El~r~ance wi~ltf~nvoices or progress certificates approved by the City Direct;f1~Ji}"~n~!_~~f,~ing and Public Works, provided· that the maximu~ contributioh\{,~$Wfed to be made by the SLG, in the aggregate, for the Seaton Extern'a'i'''Road Works shall be capped at the amount equal to the estimated cost. of $3,640,000.00 attributed to the subject proj'ects as set out in Schedule ,D-2", subject to adjustment of the unpaid balance compounded on an annual basis in accordance with the lesser of: (i) the construction price index applied by the City to its City-wide DC for roads from time to time, and (ii) an annual index rate of 10%, from the date of this Agreement until the date of payment. The parties agree that the Province's share of the Seaton Share of such costs shall not exceed $1,723,540 subject to the indexing · described above. For greater certainty, the -SLG will not be responsible for the component of the capital costs of the Seaton External Road Works attributable to "Benefit to Existing/Post Period Benefit" as shown in Schedule "D-2". 4.3 . The City will be responsible for the capital costs of the Seat0n External Road Works attributable to exemptions from the payment of DCs in respect of schools and City and Regional facilities. Prior to the issuance of a Building 95 96 f\1 IJ-\LniVII:I'\11 tt I ·~· V'l\1 ..... c~ (p . . ;Of. 3-S · 05:-(Q Permit for any school or any City or Regional facility that would be exempt r . from the payment of DCs pursuant to the DC Act, the City shall pay to the SLG Trustee (for distribution to the SLG} an amount equal to the share of such costs attributable to such school, or City or Regional facility; calculated · in a manner co'nsistent with the manner in which the attribution of costs ·.would be determined in the background study for the calculation of DCs. Exemption of Seaton from Roads DC 4.4 No DCs relating to new roads or improvements to existing roads, will be imposed by the City: (a} against any non-residential uses in Seaton until development of 18,050,000 square feet GFA of non-residential development in Seaton; or (b) against any residential uses until resideQ_):ial development of '18,887 SDEs i~ Seaton. ,:tift~£f:fP · For greater certainty, any DC By-law ena,~!i~;~6V1ib.~ City shall exempt Se.aton from the payment of any DC relating h>''.new 'lB~·d.~ or improvements to existing roads (including related_~;iliffgstructure ,sJ2'~>?s sidewalks., trails, streetscaping, streetlighting, sigl):ia[iz'l3tion and 1Tlanage'i4)'¢.nt of stormwater within roads}, provided that a ot3"'r~l~ting to c~p!tal cost~1~J-Jransportation . facilities, operations, vehicles and eqtffRment rn~Y.:capply to Seatgp, ~·:::~ ::~~:~ f\ • ~:-~{{~~~:i~J:{~t~1f~wr· -~-~t:~t~~; 4.5 In the event that, for:i.'iny, reason, th~.\qty imposes a DC By-law in contravention of ·Sectid~~J;4}1,~tb~.n the Ci'f~;~:\~hall, . upon any receipt of payment of any DC paid pGf,~ttant'to;§_.H~.b_DC By4~¥¥1..forthwith reimburse th~ full amount-P.aidto·such owni'it.of lan8S''in'Seaton.'':~t\ ,;;;1.fl~~t~~:,,,{f~J~!~,_ . . ,~~T!¢.,t~r~~:;,''%1{1:;:i{) ·=·(!· ~~r~~~m~~;,{~,~~;;;~~:~;UTIONS s'.(tJ:':_ The SPL will p·f:Rvide·f~i:}.e!ng to the-ct-i:y in respect of the development of the ·<n.:,;.SPL Lands in··~W':'?mount~~quivalent to the amount by which the City's DC is '\?~~~yced as a r~t9l,t,of th·~:·,:t~ro reduction in the ·capital costs funded by the DC~:that is attributable to the development of the SPL Lands pursuant to. par~~~~-ph 5(1)8 ~f{}he DC Act, calculated and paid in accordance with '-.}·-~d{. .-X·-~-..~~ . Sections'Si2.to S.S'helow (the "10% Contribution"}. ···t~;~~n~:~~~--r~y~:r· . 5.2 The 10% Co'iltriPution will be determined based on 11.11% of the Des payable on Soft Services by SPL under the City-wide DC By-law. 5.3 The 10% Contribution will be determined prior to the registration of the first ! plan of subdivisio~ on the SPL Lands based on the calculations-in the -b'ackground study for. the first DC By-law review undertaken by the City following the date of this· Agreement. The 10% Contribution will be indexed from time to time in accordance with the construction price index prescribed by the DC Act, but shall not be subject to ·any other increase or adjustment. 5.4; The 10% Contribution will be calculated and payable on the following basis: (a) calculated on an SDE basis and payable at the time of plan ·of subdivision registration for residential development on the SPL Lands, except for residential develqpment on mixed~use or multi-residential development blocks subject to site plan a:pproval under section 41 of the Planning Act; ATTACHMENT#-+-f-T~PQRT# C.AO f '")~ . ""7 .o. (] .:J os-t::; . 5.5 (b) calculated on an SDE basis and payable at the time of building permit issuance for all residential development on the SPL Lands within a mixed-use or multi-residential development block subject to site plan approval under section 41 of the Planning Act; (c) calculated on a gross floor area basis and payable at the time of Building Permit issuance for all non-residential development on the SPL Lands; and (d) it. shall continueto be indexed and paid following expiry or repeal of the City-yv-ide DC By-law until full build-out of all of the non- residential development on the SPL Lands and development of the first 11,280 SDEs constructed on the SPL Lands. · The Province will not provide any" contribution to the City on account of the · 10% Contribution. . .-~~~§~3I~~ . 5.6 In the event of any substantial amendment toifie'(DC Act subsequent to the execution of this Agr~~ment, the SPL an..9[!E%'"'city agree that they s.hall renegotiate the applicable terms of t~I~1$tr~gfu_~pt in good faith to the extent necessary to ensure that the .?fugil'i'it of firia'6;~!?l support provided by . the SPL as at the date of executjpf('J5'f"this Agreem~kf}wjll neither increase nor decrease by vi(l:ue of such an}~~:a~ent to the DC A~F'Ct~·: :;•id:.A::1::~::·d:~w;~ !R ,~!~t~t~!:uctioo ,::~;'~~,,d., to municipal administratio;ff:l}tioTi'dings. Such ·%'hding will be calculated and . ::~·~::. -~:::-.~.~<.;:!;::;"'-! ··.i:?.f~~:;:. \ provided ~m an SDE basis·': for. the'·fi.r.$.t) .. 1,280 Si;?s? .. constructed on the SPL Lands in theJixed amount tii<$189.oBi·Jj~r~SDE. -fhil='payment shall be made .{.;~;~;~~~:f:~~~~;:~~~\.. . \:;::~·::'. . .;/::!-~1(::~;~~~~%~:·;~ .. -'--'·'!;:j/~ • • . for eacf:l . .r.e~Jdenti?L"Umt on the<~PL La,n(is pr~;grJc:> the 1ssuance of a BUJldmg s:.~··::.r: ••. :-:;.~·· • ... ::-·+~ ·F· ·.:.:;:: :!,··.. .; .:;::~· 1;:.. ~· l ·l: -~~.;c.r:::'·· . Permit'f9.:f!:the subje@,.unit. Sti{h)f.f:ilitributions>shall not be subject to any adjustmeRtJ~(Qcluding{6r indexing';::Ji.}terest or inflation. ~:J!W:&fQ~i~~f~~Ktql;\~;::~1 5~8>,,._ The SPL Wili.;P,r!?,vide {Yr.,9ing to tne·· City for additional community ·uses in , \·+\seaton. Sucti''f'J'nding VJtlibe calculated and provided on an SDE basis for the -·,;fifst 11,280 SDEg~f~nstrua~d'on the SPL Lands in the fixed amount of 300.00 -.~·· •• ;..:;._ ;.-.;~ • .:>:'r. ,,;; pef:\SDJ (to a maxlffi:um aggregate amount of $3,300,000.00). This payment shali"b~:made for ~'ifh residential unit on the SPL Lands prior to the issuance of a B~faing Petrhtf' for the subject unit. Such contributions shall not be subject to,~'iiVJ.fa.fJ~tment, includin~ for indexing, interest or' inflation. {;~;~{~~~ DC Exemption for Public and Separate Schools 5.9 The SPL will provide funding to the City in respect of the development of the SPL Lands in an amount equivalent to the amount by which the City's DC revenues for Soft Services and Fire are reduced as a result of the exemption for public and separate schools. Such funding will be calculated based on the DC rate applicable at the time of payment. This· payment shall be made upof'! the issuance of a Building Permit for each school on the SPL Lands. ARTICLES CITY-WIDE DEVELOPMENT CHARGES 6.1 The City shall, on or before June 30, 2014, enact a City-wide DC By-law that includes Seaton in the City-wide DC for all services except for new roads or improvements to existirig'roads as described in Section 4.4. 97 98 6.2 The DCs payable by Seaton in respect. of sto'rm drainage and management 6.3 6.4 · works shall be at a rate not to exceed: (a)· $400.00 per SDE for residential units; (b) · $6,000.00 per hectare for non-residential development on lands designated as Prestige Employment Land on the Land Use Plan in the CPDP; and (c) $0.17 per square foot for non-residential development on lands not designated as Pre.stige Employment Land on the Land Use Plan in the CPDP, subject to adjustment of such amounts on an annual basis in accordance with the construction price index applied by the City to its City-wide storm drainage and management works DC from time to time from the date of this :::::::::~~:::,:~':::;:,::,d~r,,w1(l.,,or DC By-low, refleru the terms of Section 6.2, the SPL agree n6fto''OJ5j~q: to, appeal or challenge . #~:::.~}·:';:.' ·--:-.-,);~:}: . the City-wide DC By-law, or any succ~ss.orDC By-laW}~s they relate to the DC for storm drainage and managen:!t~r~grks. ""''f\i't:;,,.,, The City. will include in the cai~\W~~ipn of the DC for d~0;~:\ppment-related capital studies in the City-wide Dc.svi@.yv th~,fi~pjtal costs -t·g~~~.Jncurred by ;:;Ci~~~;::::~:~~::~~;~~~::~~~ W o ~~:mum of (b) tb§;c§.~:atcH}'!fJscal1m"past:cPeerJ~¢¥,Fi~'.l;Jp_date:Study to a maximum of . ,~,~~{~~oo.ocn~~i~· 'l~:~~'ii:~W~P . ·.;\ti~~i~~, · . . 6.5 The ProvincE¥1~grees,lti$\J~ will not{2J.liect to any City· DCs being calculated ,,,:;:~;~~:&:.~~.~eJ}.:d ;A1%~M~.if:~n;~.:;R,~.;!~: as'''~posed to a total floor area basis, for .:(;~;It/rion::reSi~ntial de)li¥!.9pmerifcfriJhe lands designated Prestige Employment :,:; t-:~:;~.:-:•::· . ""..-;::;;-;;!;::,:::,., '~.::~~~;;:;;.. • ··-~-:.:--·:::.'{'!:· :::.;;;,:y~ Land on tlie:l.:'and Use::Plan m the CPDP. '{q~;,~fC& 'f~\,::~~~~~~;NDITIONS . . 7.1 The City;,(9.grees Jb~t it will be a condition of approval of all plans of subdivisid'h'}f:F.o.P~~·~tand plans of condominium that no registration of a plan · of subdivisldh}~t~i6~veyance or condominium in Seaton shall be permitted unless the SLG. Trustee confirms in writing to the. City thaf the subject landowner is in good standing pursuant to this Agreement and the Seaton Cost Shar!ng Agreement. . ARTICLE 8 OTHER MATTERS 8.1 Forthwith upon the OMB issuing an order granting final draft plan approval of its plan of subdivision, draft plan conditions .and the zoning by-law · respecting the Seaton lands, any individual member in the SPL that has filed an appeal to the OMB in respect of fees for the processing of planning applications that were paid to the City prior to the date of this Agreement or fees related to the review of the MESPA that were paid to the City prior to the date of this Agreement will withdraw such appeal. ( ' ATIAO-,T# I TOREPORT#CAV. Cj d.-- 8.2 The City agrees that the SLG shall not be required to update the'Fisca?fmpac? OS ~( 3 8.3 Study for Seaton. The City will trqnsfer for nominal consideration as the SLG may direct, any road allowance in Seaton that is currently owned by the City that is to be used for the Seaton road network or proposed to be used by SLG for development purposes, whetht;r such road allowance is inside or outside the Seaton Natural Heritage System, provided however that if such land lies within developable land owned by the Province such _land will be transferred to the Province. · 8.4 Subject to all required approvals, the Province will agree to convey lands or transfer an easement to the City as required for stbrmwater management works in the Seaton Natural Heritage System. The precise size and' location of such stormwater managem~nt works will be determined by the agreement of the Province and the City, acting reasonably. The City agrees that it will accept an irrevocable easement in perpetuity ~qJ~!Iow the maintenance of any stormwater management works locateqj~~[!'h~· Seaton Natural Heritage System· on terms satisfactory to the Cit;y'{§§ij~-i:t_:pr, and will not require a conveyance of the lands containing Sl!!=l{@b'~ks:''~'.f.ut;! decision as to whether such lands will be conveyed or an ea'tfm~nt will g~1'fi'ted will be determined by the Province, and in either c;?&.~'!~Hi ·be subject t6t{~U;f!':quired ·approvals being granted. ':-~i'i*f\~~i'<;,,, .at,,, '':{~j~4~~jt1:::,. · 8.5 Subject to all required y~pprovals, the:frSJ.ViR£~A»ill agree to tf~~?,.fer to the City, for nominal const~i~&,tJR,~, land for:~~:~J~}i'kt Park, located a'r~hown on the Neighbourhood 21 Tand:Use Schedule'(being Schedule XII to the City's Official Plan) an·d·being ~&~;~r';M~{l~;t~d.nort'ii:~f:·:~,amlet of Green River and west of Sidel.i,U~}2,-having"'~harea·$ti:h~q.t!ess tli'~q.:;;I;,OO acres but not more .:\-3:~:r::;-;.~;;>-; .•• , ·~::-.::,·:. 1 •• ~~-::::r:z.;,:;.:~··· -..:.;.:: .. -·:;;,. than 12Q.:ciqr,¢s.Mr~!=and clear(t;JJ all'liem/Cll)d·.~ncurnbrances not acceptable to the:t61W:;:··· Th~Ehr~cise si~~J:~n91;f(6't~ti-6W~~:f.i,the District Park will b.e determfW'~lQY the ag~~~:ment oHfi~?f!'rovince an.cl'the City acting reasonably. The City a-[ifg~s thadfiwill pay it§;1?'roportionate share of the front-ending o::i~1iSS~~~tRL~egi~W~i::'tDf~~~f]iJ~H~&,,{foi~~ter and wastewater) attributable to ,.Ntf'tliitDistf@:J~ark falii:J.?, providea.::tJ.pwe\/e'r that the service level with respect .,..· ..• ,.,_. ;'• '·'" I "~·-~ "'·~;;;.. ··;:,.•.· .. ~·f., I • .-:!f.',.,:t:-:r,;, ·;;::;:;,,,,, to the Distriq;;r,,~rk is<t,@;;~~~ determined by the City, in its sole discretipn. f;or '<'/:the purpose ofiCiarificatii:ih, the CitY shall not be. obligated to pay any costs ·:;~;f~f~rred to in 'tl'i':ihsecti~H~~~-pless it connects the District Park lands ~o a s~~~e or servicesftci:.which those costs relate. - . . --~::~t~%::\~. . .. i~~~ . . 8.6 The parti.~:c,ackg£WJ.edge and. agree that the lands identified as Park and Village Greef,:\~9"!§£_~5 on the draft plans of subdivision that were submitted to the OMB at ih'th'earing on Monday, September 9, 2013, the lands identified as Community Park, Neighbourhood Park and ·Village Green on the Neighbo'urhood Plans for lands in Seaton in respect of which applications for draft plan approval have not be submitted (provided that such parks shall reflect the sizes shown on the Neighbourhood Plans) will collectively provide for sufficient land to fulfill all of the requirements for the conveyance of land . for parks or public recreational purposes pursuant to sections 42 and/or 51.1 of the Planning Act for the development of all lands in Seaton for non- residential purposes and for residential purposes up to 18,887 SDEs: Notwithstanding the foregoing, where the Planning·Act permits the taking of further parkland, or cash in lieu thereof, as a result of change of uses or further intensification, saic:t provisio-ns of the Planning Act shall apply in respect to residential development beyond the construction of 18,887 SDEs. 99 '1 00 8.7 ATTA" ':NT# / TO REPORT# C4:D . 0 ....--. . . , . I .of.~ 05..;.13 The parties agree that if the Province sells any of its lands within Seaton then . . · · its successor in title is to be treated as an SPL, except as otherwise provided for herein, and further that all of the funding obligations of the Province set forth herein will be adjusted accordingly such that all funding obligations associated with land in Seaton sold by the Province shall be assumed by the purchaser of such land, p~ovided however t)lat the Province's obligation at Section 8.5 will not pass to any successor in title. The SPL's obligations at Sections 5.1, 5.7, 5.8 and 5.9 will not pass to any successor in title if the _Province sells any of its lands in Seaton. ARTICLE 9 GENERAL PROVISIONS. 9.1 This Agreement, the schedules referred to herein constitute the entire agreement 'between the parties hereto as relates to the matters referred to herein, and supersedes all prior agreements, representations, reports, recommendations, statements, promises, infgfffi:~tion, arrangements and understandings, whether oral or written, exP.~~I$.'!:6r implied, with respect to the subject matter of this Agreement. No'fi@~6f.tl1e parties hereto shall be .• :·~~ :;-:.<i;.f?-' ~ ..... ;.:i:.-~,- bound by or charged with any oral or. VJtif.fen agf~~-ments, representations, reports, recommendations, warral')~i@}>statemen~t*f1r.omises, information, arrangements or .understandings;'t~f''~elates to th~\~fha.tters referred to .;-,., .•. ·.:~,;;,-·~:•t.:-!t:;-. herein, not specific;:~lly set forth;::)!). this Agreement or·~n:O,,the schedules, • • ·-·1_.::-'.;.'{, -:.,;;~:«.-:~ documents and instruments to be···aelivered on·or before 'tne;:execution of • ·. :-:.-:~~:..:_::. .. , ,.!?i:iH~--.. -:::;::?~;~.'} this Agreement. There is no collate'~al .agf€£ment, condition .. or term -:ll~*;~--. -:a~~:l~:.:}:£~~~,::·· ·,~~~; · applicable thereto, other:!than as expressed:otr'eferred to herein if{ writing. ·--~~lf{::~;-~-~}~J~~~~-, -~·~t~~:~;~~:--, - 9.2 The parties hereto may o~iy a'rnlffi'(!.,,!bis Agre'~fD~I!t by further agreement in writing e:.;jrtf.;~1~~~;,.~'' partr::.·. , er~iti~~r~JW*0t~L~, ... ,·<fi~~~~Ii· · 9.3 Any IJO~i.f~~'to be'gigtg under tQ,,.,,,}$~.@~'bf this:~~;eement shall be in writing andshall.f?~?iven to·'f~£! applicab!_~j:eahy by persohal service or by mailing by first class "mail .. with :p·ostage fully;. prepaid or by facsimile at the number -v.-;.~:::-':.;-'}.!>.·,t;y·:<""·..-.. • •• ,;,>:"':, :>l:lt=r.eixqet foft~· '.in:·.s9heou!~.,:J" pr\'J:vtded that, where mailed, it shall be ~1t:~!:~kl%r~~}•:~F'~l~:'fu~tlliu;ioe" Day followiog the date of 9.4 '''{Eme shall be oft9;~. essenc~·t~.t this Agreement and every part thereof. ··:·\:~=.t~;~}~. ·-q~&:~~-:~~;··· 9.5 NothJ[j·g herein co&t~ined shall be deemed or construed so as to make any of • ~.;t::..;..·."..~. t~}:rfi.~~ . the parties hereto.:p·artners, joint venturers or agents with or of one another. -~:\:~~t~~:~-"{;!:~~:~~~l ' . . 9.6 This Agreem~htFffiay be executed in counterparts; that is, it shall not be necessary for 'ij'ff' of the parties to have signed the same copy hereof. Signed copies of any Agreement executed in counterpart shall be forwarded to the City who shall hold them in escrow, subject to recall, until the City has received copies signed by all parties hereto. Upon receipt by the City of all executed counterparts, a binding Agreement shall be constituted among all the parties hereto and the City shall advise all parties accordingly. 9.7 All references to currency in this agreement shall be references to Canadian dollars. · 9:8 Words importing gender include all genders. 9.9 The captions and headings contained herein are for reference only and in no way affect this Agreement or its interpretation. \ ' ATTAO. .T# ·1 TO REPORT# CAO /( ·~ 9.10 In the event that any date specified or any date contemplatedot, this 0,5 ~(j Agreement shall fall upon ·a day other than a Business Day, then such date shall be deemed to be the next following Business Day. 9.11 · This Agreement shall be construed.and enforced in accordance with the laws of the Province of Ontario and the laws of Canada applicable thereto and shall be treated in all respects as an Ontario contract. 9.12 The Agreement shall enure to the benefit of and shall be binding upon the parties and their respective heirs, successors and permitted assigns. 9.13 9.14 9.15 Any ~uccessor in title to any par;ty included within the SLG shall be bound by the terms of this Agreement as if it were an original signatory to this Agreement. Each party comprising the SLG acknowledges that the provisions of this Agreement run with title to their respective lands withfn Seaton, and each party, including the Province, covenants not to sell, transfer or otherwise alienate any of its lands within:seatort:i.fl)less the transferee agrees to be bound by the terms of this Agreemell~{~rb'tiding, however, that this provision shall not apply to the purc;hase.r~:~f](~~ividual lots which are sold with dwelling? ~rected thereon. Any~fggf~e1i\gh! of purchase and sale entered into by any party includeq ~l!h'ih the s'l&;{$ball require that, as a . . ........... ; '•." _.,., .. _..-~ . condition to the .completion .of th~'f.r~'nsaction, the 'Pii[~.h.as'er shall execute an agreement that it shall be boSjfdj;y the provisions of th(~:Agreement. . . . '''T)[f~;;.,, . ,,h, . .,,:{~h.;, . This Agreement shall be registered ag<J)J!~t t)~!~AP all lands m Se,§t_\)n owned by the SLG forthwith u,p'(Jb_·its execution'BY';ai(p~hies. ·'!'0 ~~~J{~~1~t~-;~f.:;.;;:. . . ':~::{::~1::}}:. . The SLG shall execute~:Sudi'·Wu'rther ·assurances as may be reasonably :~~:=j;, • ·· .. ::::;.-..:::·:;;.:;. ·:;:-;-::-·!;!.~~ ·necessarY to give effect to t~.i.? Agri~'efii~flJ. ''<i:?i:L,, · · . . -~~:~$:: ·-:~~~~~~$.J(.~~-~~. ~·?:~:~1~.~~- THIS PAy!; L~f[;J?.lANK;~;N,J.ENTIONALLY] . . -~i;~·~1i!J'-"'' -.,,ii:)ii' •.:;it\~,:::,, 1 01 /. ATIACI. ,._,\IT# TO REPORT# C.A:D. Schedule"A'' /S .of. ~ 05-13 Plan Depicting Ownerships in Seaton schedule "B" Plan Depicting Seaton Phase 1 Schedule "C" Single Detached Equivalent Unit Factors Schedule "D-1" Seaton Internal Road Works Schedule "D-2" Seaton External Road Works 105 I I I I II ATTACHM-~NT# I ro REPO.RT# CAD os-_ . ~ · /[{.of.~ /__, SCHEDULE 11C'' SINGLE DETACHED EQUIVALENT UNIT FACTORS Unit Type SDE Factor low Density 1.0 Medium Density 0.793 High Density 0.457 108 ATTACHMENT# / If .. of. TO REPORT# 0.AO ~ 00-13 SCHEDULE "D-1" -Sf;A TON INTERNAL ROAD WORKS liming Gross Capital Cost Prj. No. PROJECT (year) Estimate($) 16 Sideline 24 Oversizing 2018 2,240,000 17 .. Sideline 24 Within NHS 2018 2,300,000 18 New Structures for Sideline 24 2018 3,100,000 19 Oversizing E-W Collector-SL 22 and 26 north of Taunton .2024 770,000 20 E-W Collector SL 22 and 26 north of Taunton with NHS 2024 460,000 21 Structures on E-W Collector north of Taunton 2024 800,000 New-3 Mulberry Lane Collector-(i.e. Road XI)-930 m 2016 651,000 New-4 Oversizing Fifth Concession Road, Brock Road to SL 16 2015 580,000 22 Oversizing Collector-SL.26 to Whitevale Bypass 2017 1,015,000 23 Collector-SL 26 to White Bypass within NHS 2017 8~5,000 24 New Structure for Collector-SL 26 to Whitevale Bypass 2017 1,000,000 25 Oversizing E-W Collector-North Rd to Whitevale 2022 2,695,000 26 E-W Collector within NHS 2022 1,265,090 27 New Structures for above 2022 8,500,000 28 Oversizing Collector-above road to Whitevale Bypass 2015 630,090 29 Oversizing new road on existing Brock north of 3rd 2015 840,000 Internal Seaton Roads Sub-total 27,651,000 6257691 109 ATIACHMENT# I :ro REPORT# OA-Q d/ .of.~ 05~13 SCHEDULE "D-3" -REGIONAL ROAD ENHANCEMENTS Prj. Timing' Gross Capital Cost No. Project (year) · Estimate ($) Regional Road Enhancements 9 Sidewalks and Streetlighting on Taunton 2018 1,748,000 10 a) Sidewalks and Streetlighting on Brock-from 5th Cone. to 407 2013 608,000. 10b) Sidewalks and Streetlighting on Brock-from Taunton to 5th Cone. 2017 7so;ooo 11 Sidewalks and Streetlighting on SL2~ 2018 2,584,000 12 Sidewalks and Streetlighting on SL26 2015 1,368,000. 13 Sidewalks and Streetlighting on Whitevale Bypass 2018 2,204,000 14 Sidewalks and Streetlighting on s ·side of Hwy 7 2020 1,159,000 15' Trails on Regional Roads 2018 2,897,500 Regional Roads Enhancements Sub-total 13,328,500 - ' . 6257691 111 SCHEDULE "E" '• NOTICE PARTICULARS TO THE CITY AS FOLLOWS: City of Pickering One The Esplanade Pickering ON LlV 6K7 Facsimile: (905} 420-3534 Attention: City Solicitor Attention: City Clerk TO THE SLG AS FOLLOWS: North Pickering Community Mqnagement Inc. 30 Madras Place Brampton, ON L6S 2Z2 Facsimil~: ' (905} 458-948.0 Attention: Mr. Andrew Orr Davies Howe Partners LLP 99 Spadina Avenue, 5th Floor Toronto ON M5V 3P8 ATTACHMENT# ) TO REPORT# CA-O d;;z_ .of. d).--05 ----!3 . Atten_tiori: Mr. Daniel Steinberg and Mr. John Alati 1133373 Ontario Incorporated c/o Lebovic Enterprises Limited 12045 McCowan Road, Box 1250 Stouffville ON L4A 8A2 · Facsimile: (905} 640-7369 Attention: Mr. Lloyd Cherniak Lebovic Enterprises Limiteq 12045 McCowan Road, Box 1250 Stouffville ON L4A 8A2 Facsimile: (905} 640-7369 Attention: Mr. Lloyd Cherniak 112 113 with a copy to: WeirFoulds LLP 4100-66 Wellington Street West PO Box 35, Toronto-Dominion Centre Toronto ON MSK 1~7 Facsimile: (416) 365-1876 -Attention: Mr. Michael McQuaid Affiliated Realty Corporation limited c/o Masters and Masters 65 Queen Street West, Suite 440 Toronto, ON MSH 2MS Facsimile: (416) 361-6181 ATIACHMENT# J TO REPORT# CAO c93 .of.~ D5-!:3 Attention: Mr. Robert Masters and Mr .. Russell Masters Chestermere Investments limited cjo Robiris, Appleby & Taub LLP Barristers and Solicitors 120 Adelaide Street W'est, Suite 2600 Toronto, Ontario_ MSH 1T1 Facsimile: (416) 868-0306 Attention: Mr. Ronald Appleby Hunley. Homes limited cfo Metrus Developments Inc. 1700 Langstaff Road, Suite 2003 Concord ON L4K 3S3 Facsimile: (905) 669-2134 Attention: Mr. Bruce Fischer 1350557 Ontario limited cfo -Brookfield Homes 7303 Warden Avenue, Suite 100 Markham ON L3R SY6 . Facsimile: (905) 477-9001 Attention: Mr. Peter Nesbitt Zavala Developments Inc. , c/o Metrus Developments Inc. 1700 Langstaff Road, Suite 2003 Concord ON L4K 3S3 Facsimile: (905) 669-1134 Attention: Mr. Bruce Fischer Mattamy (Seaton) Limited c/o The Mattamy Development Company 206-140 Renfrew Drive Markham ON M1X 1A1 Facsimile: (905) 829-7844 Attention: Gary Gregoris White Sun Developments Limited 4576 Yonge St. Suite 500 Toronto, ON M2N 6N4 Attention: Mr. Robert Yanowski with a copy to: Harris, Sheaffer LLP Suite 610, 4100 Yonge St. Toronto, ON M2P 2B5 Attentiqn: Mr. Robert Sheaffer Ontario Infrastructure and Lands Corporation 1 Dundas Street West, Suite 2000 Toronto, ON M5G 2L5 Facsimile: (416) 327-3942 AITACHMENT# / ~0 REPORT# CA:O df .of. ex;-os~;3 Attention: Mr. Graham Martin, General Manager, Acquisition/Easements 114 115 with a copy to: Chappell PartnerslLP 20 Queen Street West, .Suite 3310 Toronto ON MSH 3R3 Facsimile: (416) 351-0002 Attention: Mr. David Flynn ! -·. ATTACHMENT# I TO REPORT# CF\0 CJ'? .of. ex;-os; ..-1 ~